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The complete guide to credit card payment processing

Learn how credit card processing works, what the fees look like, and how you optimize payments online and in person.

21 August, 2024
 ·  6 minutes

If your enterprise has shoppers from the UAE, US, UK, and Canada, then you are almost certainly accepting credit cards as one of your payment methods offered at checkout, But how much do you know about what happens once your customer hits ‘pay’?

In the following milliseconds, the payment passes through several systems. If it’s successful, your customer goes about their day. If it’s not, you may have lost a customer. Or, maybe you caught a fraud attempt.  

The more you know about credit card payment processing and your customers, the more control you have over its outcome.

This article will walk you through a card payment process and explain how, with the right financial technology platform, you can increase your card approval rates, conversions, and revenue.

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