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WHAT IS PAYMENT   By
                                  GorillaPay.net
                   PROCESSING?



Low Cost Merchant Account
http://www.gorillapay.net
WHAT IS IT?

 Have you ever bought anything electronically?
  Made a purchase off a website? If you have at any
  point participated in an electronic
  transaction, chances are you've interacted with a
  payment processing system.




Low Cost Merchant Account
http://www.gorillapay.net
PAYMENT PROCESSING SYSTEM

  Payment processors enable the movement of funds
   from the buyer to the seller in ecommerce
   transactions. How do they work? What are the
   different methods for payment processing? Here's
   a short primer on the process of making online
   payments.




Low Cost Merchant Account
http://www.gorillapay.net
HOW DO PAYMENT PROCESSORS WORK?

  A payment processor is a third party payment
   management system that allows businesses to
   take and organize payments for goods and services
   offered in electronic transactions.




Low Cost Merchant Account
http://www.gorillapay.net
HOW DO THEY WORK?

 If you pay with a credit card at a grocery store, your
  money goes through payment processing. This way
  stores can focus on their customers and retail and
  can leave the money management to a 3rd party.




Low Cost Merchant Account
http://www.gorillapay.net
DIFFERENT METHODS

 If you ever use a debit or credit card, you are
  interacting with one of the largest forms of
  payment processing. Online services like PayPal
  and GorillaPay.net are other methods. These
  systems allow you to pay using a direct link to your
  bank accounts.




Low Cost Merchant Account
http://www.gorillapay.net
HOW DOES THESE METHODS WORK?

  Credit card payment applications that allow you to
   use your smartphone to receive payments are
   growing in popularity. Now venues that used to only
   accept cash can open their sales to customers who
   want to pay with cards. Payment processing
   systems have opened up a whole new method
   for making transactions that wasn't possible
   20 years ago.


Low Cost Merchant Account
http://www.gorillapay.net
KEEP YOUR BUSINESS RUNNING!

  Payment processing systems keep businesses
   running. They enable large companies to outsource
   their payments so they can focus on customers and
   services.




Low Cost Merchant Account
http://www.gorillapay.net
ONLINE PAYMENT PROCESSORS

  Credit card companies and online payment processors in
   turn make a profit for their services by taking a small
   percentage of the total transaction for their role in
   managing it. Our society used to be cash- and-carry only.
   Now we have a myriad of choices when it comes to
   payment options for our transactions.




Low Cost Merchant Account
http://www.gorillapay.net
THE END



Low Cost Merchant Account
http://www.gorillapay.net

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What is payment processing

  • 1. WHAT IS PAYMENT By GorillaPay.net PROCESSING? Low Cost Merchant Account http://www.gorillapay.net
  • 2. WHAT IS IT?  Have you ever bought anything electronically? Made a purchase off a website? If you have at any point participated in an electronic transaction, chances are you've interacted with a payment processing system. Low Cost Merchant Account http://www.gorillapay.net
  • 3. PAYMENT PROCESSING SYSTEM  Payment processors enable the movement of funds from the buyer to the seller in ecommerce transactions. How do they work? What are the different methods for payment processing? Here's a short primer on the process of making online payments. Low Cost Merchant Account http://www.gorillapay.net
  • 4. HOW DO PAYMENT PROCESSORS WORK?  A payment processor is a third party payment management system that allows businesses to take and organize payments for goods and services offered in electronic transactions. Low Cost Merchant Account http://www.gorillapay.net
  • 5. HOW DO THEY WORK?  If you pay with a credit card at a grocery store, your money goes through payment processing. This way stores can focus on their customers and retail and can leave the money management to a 3rd party. Low Cost Merchant Account http://www.gorillapay.net
  • 6. DIFFERENT METHODS  If you ever use a debit or credit card, you are interacting with one of the largest forms of payment processing. Online services like PayPal and GorillaPay.net are other methods. These systems allow you to pay using a direct link to your bank accounts. Low Cost Merchant Account http://www.gorillapay.net
  • 7. HOW DOES THESE METHODS WORK?  Credit card payment applications that allow you to use your smartphone to receive payments are growing in popularity. Now venues that used to only accept cash can open their sales to customers who want to pay with cards. Payment processing systems have opened up a whole new method for making transactions that wasn't possible 20 years ago. Low Cost Merchant Account http://www.gorillapay.net
  • 8. KEEP YOUR BUSINESS RUNNING!  Payment processing systems keep businesses running. They enable large companies to outsource their payments so they can focus on customers and services. Low Cost Merchant Account http://www.gorillapay.net
  • 9. ONLINE PAYMENT PROCESSORS  Credit card companies and online payment processors in turn make a profit for their services by taking a small percentage of the total transaction for their role in managing it. Our society used to be cash- and-carry only. Now we have a myriad of choices when it comes to payment options for our transactions. Low Cost Merchant Account http://www.gorillapay.net
  • 10. THE END Low Cost Merchant Account http://www.gorillapay.net