My 2 Cents Use Of Payment Processors

Prasoon Arora

White Belt
A payment processor is a company that handles transactions so that your customers can buy your products. That means the payment processing company communicates and relays information from your customer’s credit or debit card to both your bank and your customer’s bank. If there are enough funds in your customer’s card and it is valid, the transaction will go through. And all of this all happens in a matter of seconds.


Blue Belt
Yes, it is a basic need for those who sell products to choose a payment processor for their e-commerce site, online store, website or blog that is one of the most important choices you will make as a business owner.
Hence there are numerous good payment processors to choose from, but one foremost problem is that they usually need customers to leave your website to make a payment. The best way is to launch a new in-page buy button for customers to purchase products directly from your websites rather than on another platform.

Doominic anderson

White Belt
Payment processors are very essential part of e-commerce because without this system ones cannot purchase any product online and the site owner doesn't sell his/her product. It is an intermediate between customers and the website from which customers purchase their required product.Many e-commerce websites give the facility to direct pay through it's own site rather than the another payment processing site.

steve taylor

White Belt
Some customer like to use online payment gateway and some of them like to pay cash on delivery. Cash on delivery option only suitable for local business and stores. If your business is worldwide then only solution for payments are online payment processor.

Zirkon Kalti

Content Writer
When deciding which payment processor to use, you should first determine whether it is supported on your ecommerce platform. Your ecommerce platform should have the plugin that allows you to easily integrate the payment processor.

Pooja Sharma

Well-Known Member
On most of the e-commerce businesses payment processors are important as there would be online transactions. They can be said as a company hired by us to handle payments form various mediums like debit cards and credit cards on our e-commerce website. One of the best example for this is Paypal.

Doominic anderson

White Belt
Payment processors are widely used for online transaction,it is mostly used in e-commerce for purchasing or selling products through online transaction. There are several payment processors like Paypal,Payoneer,Skrill e.t.c. are used to transfer money from one account to other,for example freelancers are used these systems to get their freelancer money to their local bank account.These systems are highly secured for use and it is very helpful for freelancers and others who has online businesses.

Emma Megan

White Belt
Small businesses can reap large profits and massive traffic through mobile payment processing. Cash payment has been successfully replaced with mobile and credit card payment processing.


payment processors are must nowadays because everybody need fast service and they perform all your billing process at once on both end i.e for coustmer and service provider