how to process online payment
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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To process an online payment, a customer enters their payment information on a website, which is then sent through a payment gateway and payment processor to the customer’s bank for authorization. The bank verifies the account details and available funds, then sends an approval or denial back through the chain, typically within seconds. If approved, the funds are transferred from the customer’s bank to the merchant’s bank, a process that can take a few days.