Merchant Processor: How It Functions

How a merchant credit card processor functions is important for eCommerce merchants
who own a credit card merchant account processor. Knowing what you’re
working with (in this case an online merchant credit card processor) or what
you will be working with (if you own an eCommerce business) is too important
to make the most out of it.

The process and the system of a merchant account processor varies from one
internet merchant processor account type to another. An offshore merchant processor
does not work as a third party merchant processor. GSPay’s direct merchant
processor solutions work as follows in the hands (or rather inside the websites
of eCommerce merchants):

1) A client, interested in a product, for example a pair of sneakers, adds the product to their personal shopping cart (or ’Basket’ in some shopping cart systems).

2) Proceeding to the so called checkout the client enters his/her personal details and his/her credit card details, and clicks the SUBMIT button.

3) The credit card merchant processor checks the data to be correct and valid
with the merchant processor bank and issues a code green to the merchant processor

4) The merchant processor gateway send a signal to the client’s credit card merchant processor bank and the payment is transferred from the client’s credit card to the eCommerce merchant processor bank account.

GSPay makes sure that the merchant processor
system is protected by SSL and other security technology at all times and stability
is of no lack. GSPay offers many different types of merchant processor solutions
and eCommerce merchant processor accounts but all of these are guaranteed to
be efficient, and quality transactions are guaranteed as well.

Apply now and GSPay’s
merchant processor service will be integrated into any existing eCommerce eStore,
or Service Point, along with any well-known shopping cart system available online.

Industry type Rates Industry type Rates
E-commerce from 2.8% Nutra/Herbals from 4%
Adult from 4% Regulated Forex from 5.5%
File sharing systems from 4% Dating from 4%
Crypto from 4% Licensed Gambling from 4%
Downloads from 7% Replica from 8%
Travel from 4% Pharmacy from 8%
CBD from 7% Kratom from 7%
Find out your rates for your site.

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