Credit Card Processing
Credit card processing is a system that enables businesses to accept and handle electronic payments from customers using credit or debit cards. It involves securely transmitting payment data between merchants, payment gateways, processors, and banks to authorize and settle transactions. This technology is essential for e-commerce, retail, and any business that needs to process card payments online or in-person.
Developers should learn credit card processing when building applications that require payment functionality, such as e-commerce websites, subscription services, or mobile payment apps. It's crucial for ensuring compliance with security standards like PCI DSS and for integrating with payment gateways like Stripe or PayPal to handle transactions securely and efficiently.