Payment Process

Payment process refers to the series of steps involved in completing a financial transaction between a buyer and a seller. It typically includes activities such as selecting a payment method, entering payment details, verifying the transaction, and receiving a confirmation. The payment process ensures that funds are transferred securely and accurately, allowing businesses to receive payments for goods or services rendered. It is crucial for businesses to have a smooth and efficient payment process to provide a positive customer experience and maintain financial stability.

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