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Ecommerce payment processing is the process that happens when a business accepts payments from customers through an ecommerce portal. It's done through a secure terminal, or gateway, that shields customers' sensitive financial information and creates a pathway for transmitting funds from them to the merchant.
What is the most preferred method of payment in e-commerce?
Credit cards are the most commonly used payment method in eCommerce. Since credit cards are easy and mostly safe to use, the high popularity of using them in online purchases is no surprise. Shoppers only need to enter their card details to finish buying the products at the checkout.
