merchantprocessor
A merchant processor is a company that allows businesses to accept credit card and debit card payments from customers. These processors act as intermediaries between the merchant's bank, the customer's bank, and the card networks like Visa and Mastercard. When a customer makes a purchase using a card, the merchant processor authorizes the transaction, transfers funds from the customer's bank to the merchant's bank, and handles the necessary paperwork and security protocols.
Merchant processors are essential for modern retail and e-commerce operations. They provide the infrastructure and services
In addition to processing payments, merchant processors often provide other services such as fraud detection, chargeback