05 Apr 2022 By PAYCEC
You will need a payment gateway if you want to make an international payment.
Beginning with the entry of card information and concluding with international payment pouring into the merchant's account and settlement, the international payment gateway goes through a series of phases.
It is linked to the merchant account.
It provides businesses with one or more options for connecting their merchant account to online international payment processing.
It keeps track of international payment information for each customer.
Using the tools provided by the payment gateway provider, the merchant delivers information about their customers to the payment gateway. To maintain the security of the payment information, the gateway encrypts it during transmission.
An international payment payment processor or an acquiring bank receives this information.
The acquiring bank takes over at this point. Before sending the transaction to the card networks, it runs several fraud checks.
It informs the merchant of the approval or denial.
Based on their yes or no response, the store sends a confirmation or rejection notification to its customers. It's possible that customers will be requested to pay in a different way.
If you need further assistance or answer, please don't hesitate to contact us.
We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.
Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.
PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.