{"id":5998,"date":"2021-11-29T20:11:18","date_gmt":"2021-11-29T20:11:18","guid":{"rendered":"https:\/\/savethevideo.net\/blog\/?p=5998"},"modified":"2025-08-25T07:38:48","modified_gmt":"2025-08-25T07:38:48","slug":"how-does-payment-processing-work","status":"publish","type":"post","link":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/","title":{"rendered":"How Does Payment Processing Work?"},"content":{"rendered":"<p>A payment processor handles transactions between two factions. The two most important parties involved in the payment processing are the merchant and the customer. The payment processor handles the data provided by the customer, such as credit or debit card details, to complete the payment processing to the merchant\u2019s preferred bank account.<\/p>\n<p>But there can be other parties involved in the payment processing, as we have <a href=\"https:\/\/www.eposnow.com\/uk\/resources\/how-does-payment-processing-work\/\">explained<\/a> in this article.<\/p>\n<p><strong>In most conventional forms of payment processing, payment processors include the following parties:<\/strong><\/p>\n<ul>\n<li>The customer<\/li>\n<li>The customer\u2019s bank or credit card company<\/li>\n<li>The business organisation<\/li>\n<li>The entrepreneur\u2019s bank<\/li>\n<li>The payment processor<\/li>\n<li>The payment gateway (if it is not already a part of the payment processor)<\/li>\n<\/ul>\n<p>Chlistian Belmont, marketing manager at <a href=\"https:\/\/plixpay.com\/en\/\">Plixpay<\/a> says -&#8220;Both business organisations and customers must understand the role of the payment processor to avoid any impediments to payments&#8221; Let&#8217;s take a deeper look into the function of everybody involved in payment processing.<\/p>\n<p>Both business organisations and customers must understand the role of the payment processor to avoid any impediments to payments. Let\u2019s take a deeper look into the function of everybody involved in payment processing.<\/p>\n<h2>The Customer<\/h2>\n<p><a href=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/anonymous-woman-choosing-clothes-in-store-stockpack-pexels-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5999 size-large\" src=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/anonymous-woman-choosing-clothes-in-store-stockpack-pexels-scaled-e1638213228454-1024x596.jpg\" alt=\"Anonymous woman choosing clothes in store\" width=\"1024\" height=\"596\" srcset=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/anonymous-woman-choosing-clothes-in-store-stockpack-pexels-scaled-e1638213228454-1024x596.jpg 1024w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/anonymous-woman-choosing-clothes-in-store-stockpack-pexels-scaled-e1638213228454-300x175.jpg 300w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/anonymous-woman-choosing-clothes-in-store-stockpack-pexels-scaled-e1638213228454-768x447.jpg 768w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/anonymous-woman-choosing-clothes-in-store-stockpack-pexels-scaled-e1638213228454-1536x895.jpg 1536w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/anonymous-woman-choosing-clothes-in-store-stockpack-pexels-scaled-e1638213228454-2048x1193.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>Customers can purchase online products and services from a merchant\u2019s website. A customer is redirected to the business\u2019s secure website to enter their payment details (with the \u201cHTTPS\u201d prefix, the \u2018S\u2019 stands for secure). On the secure webpage, customers enter their payment details. This information includes credit or debit card information, in addition to any other required information to complete their order.<\/p>\n<p>The customer\u2019s personal and payment information is encrypted and is sent either to a Payment Gateway or Payment Service Provider authorised by the merchant to accept payments. The merchant completes the customer\u2019s order once the transaction approves via Credit Card Authorisation.<\/p>\n<h3>The Customer\u2019s Bank Or Credit Card Company<\/h3>\n<p>An Issuing Bank uses card associations with various vendors to issue credit or debit cards to their clients.<\/p>\n<p>The issuing bank is also responsible for ensuring that its clients pay off the debt accumulated by the line of credit by their clients. When a customer performs a transaction, the issuing bank receives a card authorisation request. The issuing bank will approve or decline the transaction based on their client\u2019s current financial standing.<\/p>\n<h2>The Business Organisation<\/h2>\n<p><a href=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-wearing-white-long-sleeved-shirt-holding-black-pen-stockpack-pexels-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6000 size-large\" src=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-wearing-white-long-sleeved-shirt-holding-black-pen-stockpack-pexels-scaled-e1638213333934-1024x576.jpg\" alt=\"Man wearing white long sleeved shirt holding black pen\" width=\"1024\" height=\"576\" srcset=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-wearing-white-long-sleeved-shirt-holding-black-pen-stockpack-pexels-scaled-e1638213333934-1024x576.jpg 1024w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-wearing-white-long-sleeved-shirt-holding-black-pen-stockpack-pexels-scaled-e1638213333934-300x169.jpg 300w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-wearing-white-long-sleeved-shirt-holding-black-pen-stockpack-pexels-scaled-e1638213333934-768x432.jpg 768w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-wearing-white-long-sleeved-shirt-holding-black-pen-stockpack-pexels-scaled-e1638213333934-1536x864.jpg 1536w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-wearing-white-long-sleeved-shirt-holding-black-pen-stockpack-pexels-scaled-e1638213333934-2048x1152.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>A business organisation is an individual or company that sells products or services. A business organisation works in coordination with an acquiring bank to operate a merchant account. The merchant account allows the business organisation to sell its products and services to customers and receive payments from its clientele. The first question that comes to mind is, what is an acquiring bank?<\/p>\n<h3>What Is An Acquiring Bank?<\/h3>\n<p>An acquiring bank is a bank that is a registered member of a card network such as Visa or MasterCard. The acquiring bank approves transactions for a business organisation in coordination with the credit and debit card networks. The acquiring bank allows the business organisation to accept credit and debit cards by issuing them a merchant account.<\/p>\n<h3>What Is A Merchant Account?<\/h3>\n<p>An acquiring bank issues a merchant account to a business organisation. The business organisation must accept the terms and conditions set by card associations such as Visa or MasterCard to complete an application for a merchant account.<\/p>\n<p>The business organisation receives a unique account number to identify the business organisation and act as the owner of the transactions associated with the business. Business organisations must pay various fees to maintain the privileges of their merchant account.<\/p>\n<p>A business organisation can pay the merchant account fees as monthly billing, a percentage on each transaction, or both. Every customer\u2019s transaction made on the merchant account is forwarded to the acquiring bank.<\/p>\n<p>The acquiring bank connects with the appropriate card association network to complete the transaction in coordination with the card holder\u2019s issuing bank. The card holder\u2019s issuing bank approves or declines the transaction based on the funds available in their client\u2019s account.<\/p>\n<h2>Ensuring Security Through Payment Gateways While Processing Payments<\/h2>\n<p><a href=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/person-shopping-online-stockpack-pexels-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6001 size-large\" src=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/person-shopping-online-stockpack-pexels-scaled-e1638213393574-1024x550.jpg\" alt=\"Person shopping online\" width=\"1024\" height=\"550\" srcset=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/person-shopping-online-stockpack-pexels-scaled-e1638213393574-1024x550.jpg 1024w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/person-shopping-online-stockpack-pexels-scaled-e1638213393574-300x161.jpg 300w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/person-shopping-online-stockpack-pexels-scaled-e1638213393574-768x413.jpg 768w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/person-shopping-online-stockpack-pexels-scaled-e1638213393574-1536x826.jpg 1536w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/person-shopping-online-stockpack-pexels-scaled-e1638213393574-2048x1101.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>Merchant accounts access payment gateways to complete a transaction. A business owner processes transactions by submitting payment information through a payment gateway to its acquiring bank with the selected payment processor.<\/p>\n<h3>How Does A Payment Gateway Ensure Transaction Security?<\/h3>\n<p>A payment gateway is a software or a server that retrieves transaction status after a payment request is sent to the business owner\u2019s bank. <a href=\"https:\/\/www.eposnow.com\/uk\/payment-processing\/card-machines\/\">UK\u2019s card machines<\/a> act as payment gateways between the cardholder and the bank.<\/p>\n<p>Payment gateways maintain security by protecting vulnerable data from fraudulent activity, such as credit card numbers and other information. Payment gateways implement traditional rules and security standards known as the Payment Card Industry Data Security Standards (PCI-DSS or PCI) to ensure the security of payment information.<\/p>\n<h3>What Is A Payment Service Provider?<\/h3>\n<p>Most eCommerce business owners must pay a per-transaction fee to acquire the services of Payment Service Providers (PSP). A payment service provider facilitates business owners to access payment gateways successfully to perform transactions.<\/p>\n<p>The business owner\u2019s customers complete the transaction on the secure HTTPS webpage with the help of a payment service provider. The payment service provider ensures that all transactions meet the established security protocols to ensure maximum transaction approval rates.<\/p>\n<p>Business owners gain access to additional services with the help of a payment service provider. Some of these services include compliance with Payment Card Industry Data Security Standards, language translation services, processing transactions in different currencies, and protection against fraud.<\/p>\n<p>The payment service provider accesses the payment information, provided by the customer, from the payment gateway and forwards it to the payment processor.<\/p>\n<h2>The Role Of The Payment Processor<\/h2>\n<p><a href=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-people-woman-hand-stockpack-pexels-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6002 size-large\" src=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-people-woman-hand-stockpack-pexels-scaled-e1638213438364-1024x553.jpg\" alt=\"Man people woman hand\" width=\"1024\" height=\"553\" srcset=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-people-woman-hand-stockpack-pexels-scaled-e1638213438364-1024x553.jpg 1024w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-people-woman-hand-stockpack-pexels-scaled-e1638213438364-300x162.jpg 300w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-people-woman-hand-stockpack-pexels-scaled-e1638213438364-768x415.jpg 768w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-people-woman-hand-stockpack-pexels-scaled-e1638213438364-1536x829.jpg 1536w, https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/man-people-woman-hand-stockpack-pexels-scaled-e1638213438364-2048x1106.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>The payment processor implements rules and regulations established by specific credit card associations. These regulations include rules associated with chargebacks, fraud, and identity theft. The payment processor ensures that all transactions meet the necessary requirements set by the relevant credit card association. In more complex setups where businesses rely on multiple processors or need advanced routing, <a href=\"https:\/\/akurateco.com\/payments-orchestration-platform\">payments orchestration platform<\/a> can sit above these systems to streamline operations and improve approval rates.<\/p>\n<p>The payment processor can transmit payment information directly to the credit card association to verify the transaction\u2019s status.<\/p>\n<h2>How Does Card Authorisation Take Place?<\/h2>\n<p>Card authorisation is a mandatory check of the cardholder\u2019s account to see if it has adequate funds to complete the transaction. A card authorisation initiates whenever you purchase a product or service using a debit or credit card.<\/p>\n<p>The business holder\u2019s acquiring bank requests card authorisation to check the customer\u2019s issuing bank for the funds for the transaction. The cardholder\u2019s issuing bank decides to approve or decline the transaction based on the cardholder\u2019s available funds or line of credit.<\/p>\n<p>The transaction is declined if there are insufficient funds in the cardholder\u2019s account. The funds in the cardholder\u2019s account are placed on hold if the transaction is approved. The cardholder receives a receipt of the transaction after the price is paid and the business owner\u2019s acquiring bank is credited the amount of the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A payment processor handles transactions between two factions. The two most important parties involved in the payment processing are the merchant and the customer. The payment processor handles the data &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How Does Payment Processing Work?\" class=\"read-more button\" href=\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#more-5998\" aria-label=\"Read more about How Does Payment Processing Work?\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":6004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-5998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Does Payment Processing Work? - Save the Video Blog<\/title>\n<meta name=\"description\" content=\"Payment processing is an integral part of any retail business. To find out everything about it as well as how it works, keep reading.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Does Payment Processing Work? - Save the Video Blog\" \/>\n<meta property=\"og:description\" content=\"Payment processing is an integral part of any retail business. To find out everything about it as well as how it works, keep reading.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/\" \/>\n<meta property=\"og:site_name\" content=\"Save the Video Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-29T20:11:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-25T07:38:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ivana Banic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ivana Banic\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/\"},\"author\":{\"name\":\"Ivana Banic\",\"@id\":\"https:\/\/savethevideo.net\/blog\/#\/schema\/person\/9dae63aa1ba4c4c6b0843b8b0a0f884f\"},\"headline\":\"How Does Payment Processing Work?\",\"datePublished\":\"2021-11-29T20:11:18+00:00\",\"dateModified\":\"2025-08-25T07:38:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/\"},\"wordCount\":1191,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg\",\"articleSection\":[\"Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/\",\"url\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/\",\"name\":\"How Does Payment Processing Work? - Save the Video Blog\",\"isPartOf\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg\",\"datePublished\":\"2021-11-29T20:11:18+00:00\",\"dateModified\":\"2025-08-25T07:38:48+00:00\",\"description\":\"Payment processing is an integral part of any retail business. To find out everything about it as well as how it works, keep reading.\",\"breadcrumb\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#primaryimage\",\"url\":\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg\",\"contentUrl\":\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg\",\"width\":1200,\"height\":675,\"caption\":\"How Does Payment Processing Work\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/savethevideo.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How Does Payment Processing Work?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/savethevideo.net\/blog\/#website\",\"url\":\"https:\/\/savethevideo.net\/blog\/\",\"name\":\"Save the Video Blog\",\"description\":\"Everything you need to know about videos\",\"publisher\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/savethevideo.net\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/savethevideo.net\/blog\/#organization\",\"name\":\"Save the Video Blog\",\"url\":\"https:\/\/savethevideo.net\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/savethevideo.net\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/02\/cropped-stv-logo.png\",\"contentUrl\":\"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/02\/cropped-stv-logo.png\",\"width\":500,\"height\":119,\"caption\":\"Save the Video Blog\"},\"image\":{\"@id\":\"https:\/\/savethevideo.net\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/savethevideo.net\/blog\/#\/schema\/person\/9dae63aa1ba4c4c6b0843b8b0a0f884f\",\"name\":\"Ivana Banic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/savethevideo.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/506ff1269e0c4578969d22148a5145c9a0a2f46d8d507810ddd2582b998930e6?s=96&d=monsterid&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/506ff1269e0c4578969d22148a5145c9a0a2f46d8d507810ddd2582b998930e6?s=96&d=monsterid&r=g\",\"caption\":\"Ivana Banic\"},\"url\":\"https:\/\/savethevideo.net\/blog\/author\/ivana\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How Does Payment Processing Work? - Save the Video Blog","description":"Payment processing is an integral part of any retail business. To find out everything about it as well as how it works, keep reading.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/","og_locale":"en_US","og_type":"article","og_title":"How Does Payment Processing Work? - Save the Video Blog","og_description":"Payment processing is an integral part of any retail business. To find out everything about it as well as how it works, keep reading.","og_url":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/","og_site_name":"Save the Video Blog","article_published_time":"2021-11-29T20:11:18+00:00","article_modified_time":"2025-08-25T07:38:48+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg","type":"image\/jpeg"}],"author":"Ivana Banic","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ivana Banic","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#article","isPartOf":{"@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/"},"author":{"name":"Ivana Banic","@id":"https:\/\/savethevideo.net\/blog\/#\/schema\/person\/9dae63aa1ba4c4c6b0843b8b0a0f884f"},"headline":"How Does Payment Processing Work?","datePublished":"2021-11-29T20:11:18+00:00","dateModified":"2025-08-25T07:38:48+00:00","mainEntityOfPage":{"@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/"},"wordCount":1191,"commentCount":0,"publisher":{"@id":"https:\/\/savethevideo.net\/blog\/#organization"},"image":{"@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#primaryimage"},"thumbnailUrl":"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg","articleSection":["Technology"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/","url":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/","name":"How Does Payment Processing Work? - Save the Video Blog","isPartOf":{"@id":"https:\/\/savethevideo.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#primaryimage"},"image":{"@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#primaryimage"},"thumbnailUrl":"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg","datePublished":"2021-11-29T20:11:18+00:00","dateModified":"2025-08-25T07:38:48+00:00","description":"Payment processing is an integral part of any retail business. To find out everything about it as well as how it works, keep reading.","breadcrumb":{"@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#primaryimage","url":"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg","contentUrl":"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/11\/how-does-payment-processing-work.jpg","width":1200,"height":675,"caption":"How Does Payment Processing Work"},{"@type":"BreadcrumbList","@id":"https:\/\/savethevideo.net\/blog\/how-does-payment-processing-work\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/savethevideo.net\/blog\/"},{"@type":"ListItem","position":2,"name":"How Does Payment Processing Work?"}]},{"@type":"WebSite","@id":"https:\/\/savethevideo.net\/blog\/#website","url":"https:\/\/savethevideo.net\/blog\/","name":"Save the Video Blog","description":"Everything you need to know about videos","publisher":{"@id":"https:\/\/savethevideo.net\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/savethevideo.net\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/savethevideo.net\/blog\/#organization","name":"Save the Video Blog","url":"https:\/\/savethevideo.net\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/savethevideo.net\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/02\/cropped-stv-logo.png","contentUrl":"https:\/\/savethevideo.net\/blog\/wp-content\/uploads\/2021\/02\/cropped-stv-logo.png","width":500,"height":119,"caption":"Save the Video Blog"},"image":{"@id":"https:\/\/savethevideo.net\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/savethevideo.net\/blog\/#\/schema\/person\/9dae63aa1ba4c4c6b0843b8b0a0f884f","name":"Ivana Banic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/savethevideo.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/506ff1269e0c4578969d22148a5145c9a0a2f46d8d507810ddd2582b998930e6?s=96&d=monsterid&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/506ff1269e0c4578969d22148a5145c9a0a2f46d8d507810ddd2582b998930e6?s=96&d=monsterid&r=g","caption":"Ivana Banic"},"url":"https:\/\/savethevideo.net\/blog\/author\/ivana\/"}]}},"_links":{"self":[{"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/posts\/5998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/comments?post=5998"}],"version-history":[{"count":3,"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/posts\/5998\/revisions"}],"predecessor-version":[{"id":10192,"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/posts\/5998\/revisions\/10192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/media\/6004"}],"wp:attachment":[{"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/media?parent=5998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/categories?post=5998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/savethevideo.net\/blog\/wp-json\/wp\/v2\/tags?post=5998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}