Payment processing

[Kerem]

Hello everyone, what do you think is the most efficient and secure payment processing method for businesses?

[Donowan]

Hello, payment process is a term used in business to describe the process involved in exchanging goods or services for money. The payment process usually begins with the customer placing an order, after which the business issues an invoice to the customer. The customer then pays the bill in cash or by credit/debit card, and the company ships the goods or services to the customer. The payment process can be completed online, by phone or in person. When a customer makes a purchase with their debit or credit card, there are a series of sequential electronic steps to complete the transaction in the digital world. There are various payment processing solutions. This process involves the consumer, the cashier software, the merchant, and the merchant's bank account.