Automated Systems
Automated systems can be complex but are highly efficient for active internet businesses with medium to high volume of transactions. As opposed to the manual system, automated systems eliminate the need for extra human resources required for credit card processing. The whole process becomes instantaneous. It only takes a few seconds for the verification process to complete and to allocate funds from the customer's credit line. There are two essential requirements for automated internet credit card processing:
(1) Payment
gateway
(2) Merchant
account
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