Manual Payment Processing
Manual payment processing is a business workflow where financial transactions, such as invoices, payments, or refunds, are handled manually by human operators rather than automated systems. It typically involves steps like data entry, verification, approval, and reconciliation using tools like spreadsheets, email, or paper records. This approach is common in small businesses, specific industries, or for handling exceptions in automated systems.
Developers should learn about manual payment processing to understand legacy systems, integrate with third-party services, or build automation tools that replace manual workflows. It's relevant when working on financial software, e-commerce platforms, or accounting systems where manual processes exist for compliance, custom handling, or low-volume transactions. Knowledge helps in designing user interfaces for data entry or creating APIs to streamline these tasks.