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Payment Processing

If you are going to accept payments for products purchased from your website online, you will need to consider merchant payment processing. Electronic payment processing may seem complicated, but it’s really rather simple if you deal with the right processing company. One of the most important things to consider when setting up a payment processing gateway for your website is secure payment process. You will want all information submitted by your customers, especially their credit card number, to be encrypted so it cannot be accessed and misused by any third parties who may happen to come across it.

Once your customer submits their order from your website, payments process begins. Your processing gateway will send payment information, in a matter of seconds, to the appropriate companies or banks. Merchant payment processing takes place in real time, so your customers will be able to know almost immediately whether or not the sale went through. The entire authorization process will take several days.