Dec 18 2008
Payment System Posted By : Jim Duncan Jim Duncan21
Payment System Posted By : Jim Duncan Jim Duncan21
To understand the basics of an online payment system, the first thing to understand is how a credit card transaction works. Only once a person has comprehended the basics of how an online transaction works, can a person truly appreciate the workings of an online payment system. An online payments system is linked to a merchant account that is provided to each vendor. For simplicity the term merchant will be used in the article; it refers to businesses and online sites
