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2. Payment processor - Wikipedia

   en.wikipedia.org/wiki/Payment_processor

   Payment processor. A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to ...

3. Automated clearing house - Wikipedia

   en.wikipedia.org/wiki/Automated_Clearing_House

   Banking. An automated clearing house (ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [2][3] The ACH system is designed to process batches of payments containing numerous ...

4. Payment gateway - Wikipedia

   en.wikipedia.org/wiki/Payment_gateway

   A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...

5. Straight-through processing - Wikipedia

   en.wikipedia.org/wiki/Straight-through_processing

   Straight-through processing exists in numerous areas of financial services, such as payments processing. [2] [3] [4]Payments may be non-STP due to various reasons [5] such as missing information, information which that is not in a machine "understandable" form (such as name and address rather than a code), or human-readable instructions "Please credit urgently") or simply falls outside of ...

6. E-commerce payment system - Wikipedia

   en.wikipedia.org/wiki/E-commerce_payment_system

   E-commerce payment system. An e-commerce payment system (or an electronic payment system) facilitates the acceptance of electronic payment for offline transfer, also known as a subcomponent of electronic data interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping ...

7. Amazon Pay - Wikipedia

   en.wikipedia.org/wiki/Amazon_Pay

   Amazon Pay Express is a payments processing service for simple e-commerce use cases on websites. It is built on Amazon Pay but without requiring a full e-commerce integration, [6] it can be used to create a button that can be copied and pasted onto a website or added via a WordPress plug-in. [7] It is best suited for merchants selling a small number of products with a single item in each order ...