Card Processing

When ready to make a purchase, the client enters their card information on the payment page through payment gateways. The payment data is sent to the card payment processor, which sends the request to the customer’s bank through the card network (Visa, MasterCard, American Express, etc.). The client’s bank checks the correctness of the entered card data and the availability of funds in the account and either approves or rejects the transaction.

The issuing bank sends the decision to approve or reject the payment back to the payment processor, and the payment goes through or is canceled. At the end of the day, all confirmed transactions are completed – the funds leave the buyers’ accounts and are transferred to the sellers’ bank accounts.

Thus, payment processing is a must in eCommerce, and in order to ensure fast and reliable transactions, you need a card payment solution.

It is also important to minimize the number of failures during payment processing. If the user encounters some kind of error or transaction freeze, there is a good chance that they will close the page and find another similar store. Therefore, it is important that the processor is as reliable as possible and all transactions go smoothly.

Even during scheduled site maintenance, reliable processors offer solutions that keep servers up and running.

Payadmit offers its services as an electronic payment processor. We offer the best fees, fast payment processing, and customized solutions for different niches. You can find out more by contacting us in any convenient way.