Review:
Online Payment Processing
overall review score: 4.5
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score is between 0 and 5
Online payment processing refers to the process of electronically transferring funds from a customer's account to a merchant's account for goods or services purchased online.
Key Features
- Security
- Convenience
- Integration with e-commerce platforms
- Fast transaction processing
Pros
- Convenient for customers
- Reduces the risk of fraud
- Streamlines payment processes for merchants
Cons
- May incur transaction fees
- Dependent on internet connectivity