cryptohunter
Active member
- PPF Points
- 2,738
Online transactions are streamlined by electronic payment processors, serving as intermediaries between the buyer, seller, and financial institutions. In the course of an online purchase, the payment processor adeptly gathers the customer's payment details, ensuring a secure transmission to the relevant financial institution for authorization. Upon approval, the payment processor facilitates the seamless transfer of funds from the buyer's account to the seller's account. This meticulous process guarantees the protection of sensitive financial information and the efficient completion of transactions.
