Information about how the online payment processing actually works. To know more about the working of an online payment gateway, read at http://technologysharepoint.com/how-does-a-payment-gateway-work/
Salesforce Miami User Group Event - 1st Quarter 2024
Working of an Online Payment Gateway
1. Working Of An Online
Payment Gateway
Presented By:
Rutuparna
2. Online Payment Processing
The online payment processing through the payment
gateway involve a series of steps.
3. The Visitor Front End
At first, the visitor enters the required information such
as Name, Card Details and Address, then, clicks on the
submit button.
4. The Payment Gateway and Fraud
Prevention
The Payment Gateway
validates the information
entered by the user. If the
details are valid then the
process continues else the
Payment Gateway sends
back notification to the
user.
5. Merchant Account
If the details entered by the visitor are true then the
payment gateway routes the money to the merchant
account.
6. Thanks, Receipt, and Reports
Once the transaction is
successful, a
confirmation screen is
shown, and payment
receipt is shown and
these reports are
synced with the
database.
7. The Final Scenario
The online payment processing involves a series of
steps that lets a transaction take place securely. The
steps explained here are not technical but it clearly
depicts the online payment processing cycle.