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What Are Payment Processors?
Payment Processors are the technical glue in the transmission of credit card transactions. They maintain the computer network between Merchant Account Providers and the banks, and facilitate communication between these providers.
Ursula Librizzi
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ACH Payment Processor: How They Work?
ACH payment processing operates via the ACH network. Every ACH transaction goes through a seven-step process involving six ACH payment processor entities. These entities include the originator, the receiver, the originating depository financial institution (ODFI), the receiving depository financial ...
Ursula Librizzi
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What Is Online Credit Card Processing?
Online credit card processing refers to card-not-present payments that are completed on an e-commerce website via a Payment Gateway. The gateway is either provided by or integrated with a Merchant Service Provider.
Ursula Librizzi
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How Merchant Services Work
There isn’t a single answer to the question “How do merchant services work?”
Ursula Librizzi
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How to Set Up ACH Payments: 4 Crucial Things You Need to Know
ACH payments, in which funds are drawn from a customer’s bank account over the ACH (Automated Clearing House) network, offers some distinct advantages over processing paper checks. Specifically, ACH payments can save you both time and money.
PayJunction Team
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Payment Gateway Process and Definition
Did you make an online purchase this week? Then you used a Payment Gateway without even knowing it. A Payment Gateway provides a safe method of transferring cardholder data from a website to a payment network for processing. It communicates the confirmation of sufficient funds and the transaction ap...
Christina Lavingia
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