Archive for October, 2012

1- How Web Credit Card Processing Is Different
Web credit card processing is essentially the same as described above, except for one main difference. Instead of using a credit card terminal, the retailer’s web site will connect to a credit card processing gateway. The gateway will then connect to the retailer’s merchant bank and the process proceeds from that point exactly like it did for the brick-and-mortar retailer. When the gateway gets the result from the merchant bank’s processor, it is sent to the retail web site and the transaction is either completed or denied based on those results.

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