Enable Card Processing To Boost Your Sales

What is card payment processing?

Card processing refers to offering payments by cards as one of the payment methods on the commercial website or app.

Processing of different card types and, as a sequence, the acceptance of card payments is procured by credit card processors. They provide the merchant's site with software that enables clients to enter their card data and send it to all necessary institutions for successful payment execution.

Typically, this software has a user-friendly interface that allows store representatives to view and manage all transactions, fees, chargebacks, and other information on a single dashboard.

Card money transfers accepted by our system may be issued by several major networks:

It enables accepting direct payments from the following card types:

Credit cards

Debit cards

Virtual cards

There are two possible integration options offered within our system:

Hosted

Integrated

For the merchant:

Simple, no-coding integration

Reccuring payment option

Full interface customisation possibilities

Firm security provided by the processor

The checkout page is located on the processor's website

Payment details are transmitted directly to the payment processor

For the client:

Redirection to payment page

The cart summary is available on payment page

For the merchant:

The fully-guided setting, yet IT forces required

One-click payment option

The checkout process is located on the merchant's website

Payment details are collected directly from the merchant's website

Fully-customisable interface

For the client:

No redirections to payment page

The checkout process is executed as a seamless procedure

Possibility to pay for the following purchases in one click

How are cards processed?

The standard procedure is executed the following way:

The following scheme displays the step-by-step payment process:

Authorisation

To initiate an online payment, the consumer enters card details to a payment form of the website or an app, at the checkout step.
Authentication

The payment information is given to the processor, who uses the relevant card networks to communicate with the customer's bank where the transaction is approved or denied.

*Approval is based on comprehensive verification, which includes the card number's legitimacy check, the availability of adequate fund amount, and other conditions.
Clearing

The decision is passed back to the processor, which passes it on to the merchant’s system and sends it to be displayed on a front-end to notify the consumer.

Step 1

The customer enters card details on a merchant’s website.
Step 2

The merchant sends the payment data via payment gateway tot the acquiring institution.
Step 3

The acquiring institution securely forwards the card data to the card network.
Step 4

The card network requests payment authorization from the cardholder’s Issuing bank.
Step 5

The Issuing bank sends the response (approwed or declined) back.

Why card payment processing is a must?

One can add as many alternative payment methods as possible, yet payments by card are the most universal and widely accustomed method for buyers from all around the globe.

Except for the fact that merchants are expected to accept payments by card, there are more reasons to process cards:

Become accessible for any country of the world

Your accepted payments will be even more secure

Increase your client's sense of security by allowing to pay with a card issued by their trusted bank

There are some latest available statistics on this matter:

What % of buyers using card payments along with other methods.

America

Europe

Asia Pacific

India

Why do companies choose exactly®?

Transaction speed under two seconds

Vast uptime record

Smart routing with up to 19,3% more successful transactions

The broad list of additional features and services

Experience with a wide range of business industries

Budget-friendly rates tailored according to your needs

Fast guided integration

Individual approach

24/7 human support with a dedicated manager

Transparent payment process

On-demand development

FAQ

Frequently Asked Questions

All card transactions undergo several stages, each of which is charged differently.

Processing fees: collected by the processor. Card scheme fees: paid to card scheme for the use of their network. Intercharge fees: charged by the client's bank. Acquiring fees: paid to acquiring institution

All of the above vary depending on the card type (credit, debit, pre-paid, etc.), transaction type, geo, business model. We apply the low fees to impact our client's bottom line less and drive their revenues.

The pricing policy is transparent, and the merchant is informed about the rates and all feestheir payments are eligible for. We support a trusted business relationship approach. Therefore, no hidden fees are applied.

What is card payment processing?

Enable payment acceptance in a few easy steps

Step 1

Step 2

Step 3

Step 4

Hosted

Integrated

Step 1

Step 2

Step 3

Step 4

Step 5

Why card payment processing is a must?

One can add as many alternative payment methods as possible, yet payments by card are the most universal and widely accustomed method for buyers from all around the globe.

Why do companies choose exactly®?

Why should an online store accept cards?

What does the Internet store need to start accepting cards?

How soon can one start accepting payments from credit cards after application?

How much does card processing cost?

How are the transaction fees calculated?