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