Payment processing in real-time refers to the ability to instantly authorize and complete financial transactions. This technology enables businesses to accept payments from customers and process them immediately, ensuring a seamless and efficient payment experience. Real-time payment processing eliminates the need for manual intervention or delays, allowing for quick and secure transactions. It is particularly beneficial for e-commerce platforms, online retailers, and businesses that require instant payment verification and confirmation. With real-time payment processing, businesses can enhance customer satisfaction, reduce the risk of fraud, and streamline their financial operations.