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What is Payment Processors

Encyclopedia of E-Commerce Development, Implementation, and Management
They provide a service that processes on-line “Card Not Present” transactions directly from an e-commerce merchant web site or via an e-commerce merchant’s gateway service.
Published in Chapter:
On-Line Credit Card Transaction Processing and Fraud Prevention for E-Business
James G. Williams (University of Pittsburgh, USA) and Wichian Premchaiswadi (Siam University, Thailand)
DOI: 10.4018/978-1-4666-9787-4.ch058
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