How does bank payment processing work?
Quote from mosiw16939 on October 19, 2024, 4:17 pmHello. Bank payment processing https://corefy.com/glossary/bank-payment-processing typically starts when a customer initiates a payment transaction, either online or in person. The customer's bank will verify the payment details, such as account balances and security checks, before authorizing the transfer of funds to the merchant's bank. This process ensures that payments are processed accurately and securely.
Hello. Bank payment processing https://corefy.com/glossary/bank-payment-processing typically starts when a customer initiates a payment transaction, either online or in person. The customer's bank will verify the payment details, such as account balances and security checks, before authorizing the transfer of funds to the merchant's bank. This process ensures that payments are processed accurately and securely.