Online Credit Card Processing

Glossary - Online Credit Card Processing

Online Credit Card Processing can be applied to the processing of any kind of credit card payment. Usually an Online Credit Card Payment Processing company will offer merchants online services for accepting payment online including credit card, debit card, direct debit, bank transfer, and real-time bank transfers.

Perpetual Payments is an online credit card processing system (otherwise known as a Payment Service Provider or PSP) that provides a secure payment gateway to the acquiring bank. We process payments on behalf of merchants and make sure that their transaction details are kept secure throughout the transaction process. Perpetual Payments provides the link between your website and the acquiring bank and passes information between the two, including results on authorisations and security checks.

Your buyer enters their payment details into the ecommerce credit card processing system, which passes these details to the banking network. Perpetual Payments then receives details of whether the payment was authorised or not, and the results of any automated fraud checks. The success or failure of the payment is then passed to your web site and recorded against the order.

Perpetual Payments Limited is part of the Voice Commerce Group. | Voice Commerce Limited (company number 5428358) is authorised by the Financial Services Authority under the Payment Service Regulations 2009 (register reference 504312) for the provision of payment services and holds a consumer credit licence (number 624404/1). VoicePay Limited (company number 5042556) has been issued with a small e-money issuers certificate and is regulated for the provision of payment services by the Financial Services Authority. Voice Commerce Group is registered as an ISO/MSP under Visa & MasterCard rules.