They provide you with an Internet merchant number with the associated ability to take Internet/ecommerce and/or CNP/MOTO payments.
They get authorisation on your shopper's card details or decline them at the same time performing security checks on the buyers details.
They move funds as follows:
* From the buyers card to your bank account at settlement.
* From your bank account back to the buyers card if you perform a refund.
* When a card has been used fraudulently and the true owner requests it, they process a chargeback from your bank account back to the true owners card.
They get authorisation on your shopper's card details or decline them at the same time performing security checks on the buyers details.
They move funds as follows:
* From the buyers card to your bank account at settlement.
* From your bank account back to the buyers card if you perform a refund.
* When a card has been used fraudulently and the true owner requests it, they process a chargeback from your bank account back to the true owners card.