Definition

A payment processor is an entity that handles card payments (i.e. authorizations, captures, refunds, voids, etc.) between parties in the payment ecosystem.  Among other tasks, they will route authorization requests to the appropriate card-issuing banks and process settlement (capture and refund) transactions to necessary entities, all while abiding by card scheme rules and mandates.

Before you begin accepting customer orders, you must identify which payment processor to use; your acquiring bank determines this.

For a list of payment processors supported on our platform, please refer to the guide, Processor Names. If you are looking for processor-specific documentation, please refer to the Credit Card Services Guide.