Understanding Payment Processing: How Modern Solutions Drive Secure, Efficient Transactions
Payment processing is the technology and method behind transferring funds from customers to businesses, enabling seamless and secure transactions. The payment processing ecosystem is critical in e-commerce, retail, and virtually any industry where payments occur, ensuring that customers and businesses can transact reliably. From simple point-of-sale (POS) systems to complex online gateways, payment processing enables the flow of money by leveraging various players and protocols that make transactions swift, accurate, and safe.
