Get Best Credit Card Processing solution via ePay Global

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Credit Card Processing
Credit Card Processing Powered by ePay Global
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The Ultimate Secret of Credit Card Processing
The amount of online shopping has increased
rapidly if you compare last few years the number
online purchasers are majorly participating to
fulfil their needs in terms of items they require
for the home and for personal usage. Taking this
into consideration the number of online
businesses is expanding. However, registering
yourself for an online business is incomplete
without a long-term payment processor which is
reliable optimizes your cash flow.
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Understanding and implementing the Credit Card
Processing solution
 The Cardholder Any individual who owns a
credit card or a debit card and utilizes it to
make any purchase of goods and services.  Acquir
ers They could be banks or financial
institutions popular known as merchant banks.
They maintain a merchant account which accepts
the credit cards and debit cards for processing
transactions.   The Merchant An individual or
group of individuals who own a business entity
that sells goods and services to consumers by
accepting Credit card processing.   Processors 
An entity who transmits data among various
companies to ensure the smooth and secure
transactions from all ends. Card Issuers This
entity facilitates credit card to the consumers
which are associated with card association as an
active member. This entity is responsible to pay
the funds to the acquiring bank for the
cardholders purchases.
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How Credit Card Processing Works
1. Arthur Smith goes to an online website to buy
perfume for himself. He purchases the perfume of
Dolce Gabbana by using his credit
card. 2. Arthurs card was swiped on the
processing platform and the Credit Card
Processing platform identifies the card and goes
to Credit Card Company to validate the
details. 3. After receiving the alert the credit
card company checks if Arthur has a substantial
amount of funds to carry out the transaction
including other formalities. Through a secure
channel, the credit card company sends the funds
to the merchants bank account. 4. Post which
the funds are deposited into the merchants bank
account from a merchants bank.
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Contact Us
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information regarding our services. We strive
for quality customer satisfaction for every one
of our clients!!!
Email Us info_at_eskaypay.com
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Source https//eskaypay.blogspot.com/2019/04/cred
it-card-processing-ultimate-secret.html