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| Best Credit card processing for small Business (24th Nov 22 at 9:37am UTC) In addition to performing the above tasks, Payments Clarity also authorizes funds transfers between buyers and sellers | Quote Reply | APIs powered by Payments Clarity provide online payment processing and commerce solutions for businesses of all sizes Payment Processor . Customer, business (you), credit card network, payment processor, and bank all play a role in online payment processing.
Payments Clarity functions as the entire point-of-sale system - a metaphorical cash register. In this step, the card is swiped and the information is sent to the bank issuing the card credit card processing. The payment processor analyzes and transmits transaction data to the issuing bank, such as debit card or credit card information. In addition to performing the above tasks, Payments Clarity also authorizes funds transfers between buyers and sellers accepting payment online. A payment processor works directly with banks, card issuers, and alternative payment methods. Authorize.net supports payment processing by allowing small businesses to accept credit card and eCheck payments online.
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