Nations Trust Bank is one of the well-known banks in Sri Lanka. And it is the issuer and sole acquirer of American Express Credit Cards in Sri Lanka.
Nations trust Bank payment gateway plugin is still at the core of the payment processing system. The Payment processing systems usually involves a series of complex transactions with more than two parties. During credit card transactions, the payment processor will be contacted by the merchant to assist in processing the transaction on behalf of the banks that acquire the credit. There are two types of processors and they operate at either the front or back end of the process.
Front end processor will be connected to the issuer and would be involved in the authorizations and settlement of the transactions. Then processor that operate at the back-end, would be involved in accepting the settlements, and transferring the credit amounts to the merchant bank from the bank the issues the credit. In order to facilitate the process, a merchant account is needed, Real time online payment processing provides rapid and secure ways for merchants to be paid for their goods or services. The almost instantaneous methods offer some protection from fraudulent purchases as verification is necessary before the transaction is completed. Online payment processing, Benefits not only the merchants. Who receive almost immediate payment for the goods or services that they offer, but it gives the customers the convenience of making immediate payments. Perhaps the most popular medium for transferring the payment, is with the use of credit cards, and without a way of accepting credit card payments the merchant may be doomed failure.
One of the biggest benefits of WordPress Nations Trust bank payment gateway plugin is derived from the ability to keep track of the different types of the payments. With a reliable merchant account you can easily gain access to process which can all be used to increase the profitability of business, as customers can grow to appreciate the continence. WordPress nations Trust Bank Payment Gateway plugin is now at the heart of e-commerce, as it offers consumers the continence of the fast and secure method to pay for purchases with an American Express card. It also helps merchants by efficiently handling a large volume of transactions. Then process may appear instantaneous but the actually involves a number of different transactions. RedEvoke is proud to have developed and deliver technical support to Nations Trust Bank Payment Gateway woo commerce plugin.
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