I'm curious about online payment processors. What exactly is an online payment processor and how does it work in the context of online transactions? I'd like to understand its role in facilitating payments.
7 answers
Sun Jan 12 2025
A payment processor represents a system dedicated to facilitating financial transactions.
Sun Jan 12 2025
Merchants frequently utilize this system to manage their transactions with customers.
Sat Jan 11 2025
The front-end type handles the customer-facing aspect of the transaction process.
Sat Jan 11 2025
Transactions can occur through various channels, enhancing convenience.
Sat Jan 11 2025
Credit cards and debit cards are common methods of payment processed by these systems.