| Payment processing | |||
|
When a customer buys anything from a transactional website, they must pay
for it.
There are many different ways payments can be made but the most common is by using a credit or debit card.
|
 |
||
|
|
|||
| Customers will need to enter details about their credit or
debit card. These details must be sent over a secure
link and are often encrypted to avoid problems with hackers
intercepting the data.
When received, these details will be checked using a direct Internet link to the card issuing company or bank. Often, a customer ordering goods from a company for the first time, can only have their goods delivered to the address held by the card company. This is to avoid goods being bought using stolen cards.
|
Security is a major issue here - often customers are worried about issuing card details over the Internet. | ||
| When the payment has been accepted, money will automatically be debited from the customer's account and credited to the retail company's account. | |||
