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Glossary Term R – Best Merchant Services Reviews

Real-Time Processing
This method of credit card processing authorizes and validates a customer’s charge at the time of purchase. This is made possible using a Real-time processing gateway which connects your website to a Clearinghouse through a separate modem channel, allowing you to check credit card status in real-time. This is the most common and capable method of processing for online companies.

Real-time processing
Real-time processing allows merchants to process their credit card transactions as soon as a purchase is made, allowing them to capture funds and get the purchase approved immediately.

Recurring fees
Charges billed on a regular schedule, usually monthly.



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