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All About Payment Processing

All About Payment Processing

Look here for tips and links to basic information that will help you learn how to manage your payment processing.

The Basics

Get an overview of a typical payment processing transaction, with all the terminology explained. Both Point-of-Sale (POS) and Card-Not-Present (CNP) transactions are included:

Understanding Interchange

Interchange is a term that describes the transaction that happens when your customer uses a credit card to make a purchase at your business. It’s important for your business that you understand how Interchange works:

Understanding Funding

Wondering how you get paid and how the money is exchanged? Help manage your cash flow by knowing when the proceeds from your customers’ payments will deposit to your bank account:

Understanding Chargebacks

A chargeback occurs when a cardholder disputes an item, or when there is a violation of payment processing rules and regulations. Get educated and avoid chargebacks: