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What are the Steps for the payment gateway processing?

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What are the Steps for the payment gateway processing?
posted Jun 25, 2014 by Karamjeet Singh

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An online payment gateway is the interface between your merchant account and your Web site. The online payment gateway allows you to immediately verify credit card transactions and authorize funds on a customer's credit card directly from your Web site. It then passes the transaction off to your merchant bank for processing, commonly referred to as transaction batching .

answer Jun 26, 2014 by Mohit Sharma
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