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A Quick Primer on Online Payment Systems

Virtuous Payments has the expertise & experience in meeting the needs of all types of businesses with their technology-enabled merchant processing services. Take advantage of these payment services from Canada’s leading credit card processing company that can assist your business enhance its sales.

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A Quick Primer on Online Payment Systems

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  1. A Quick Primer on Online Payment Systems

  2. ACH payments are electronic credit and debit transfers, allowing customers to make payments from their bank accounts for utilities, mortgage loans, and other types of bills.

  3. A merchant account is a bank account that allows a customer to receive payments through credit or debit cards.

  4. A payment gateway allows merchants to securely pass credit card information between the customer and the merchant and also between merchant and the payment processor.

  5. A payment processor is the company that a merchant uses to handle credit card transactions.

  6. PCI compliance is when a merchant or payment gateway sets their payment environment up in a way that meets the Payment Card Industry Data Security Standard

  7. Virtuous Payments has the expertise & experience in meeting the needs of all types of businesses with their technology-enabled merchant processing services. Take advantage of these payment services from Ca?ada’s leadi?g credit card processi?g co?pa?y that ca? assist your business enhance its sales. Virtual Terminal

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