A payment processor is a vendor used by businesses to manage the backend logistics of accepting card payments. It shuttles card data from wherever customers tap, swipe or enter their card details to the payment networks — such as Visa, Mastercard, American Express and Discover — and banks involved in the transaction. If your business…
The article What Is a Payment Processor? originally appeared on NerdWallet.
https://www.nerdwallet.com/article/small-business/what-is-a-payment-processor
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