Cryptocurrency Q&A How to process payments?

How to process payments?

Valentino Valentino Tue Dec 24 2024 | 5 answers 1139
I'm trying to figure out the best way to handle payments for my business. I need a system that's secure, efficient, and user-friendly. What are the steps and options available for processing payments? How to process payments?

5 answers

SejongWisdomKeeper SejongWisdomKeeper Thu Dec 26 2024
The payment processing workflow begins with the initiation of a transaction.

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DiamondStorm DiamondStorm Wed Dec 25 2024
Once the issuing bank completes its verification, it sends an authorization response back to the payment gateway, indicating whether the transaction has been approved or declined.

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Enrico Enrico Wed Dec 25 2024
Once a transaction is initiated, it is sent to the payment gateway for further processing.

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Elena Elena Wed Dec 25 2024
The payment gateway then proceeds to authorize the transaction, ensuring that the funds are available and that the transaction is valid.

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CryptoPioneer CryptoPioneer Wed Dec 25 2024
During the authorization process, the issuing bank verifies the transaction details, including the account balance and the authenticity of the cardholder.

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