This is referring to a website that will have payment set up on the website.
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What is “real-time credit card processing on a website”????
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It means that payments can be made via the website which are performed in realtime. In other words, the user enters their details which are immediately checked with their bank, and if they’re valid the debit is made immediately.
What I think they mean is that credit card can be checked on the site. Not by going to there the credit card companies site and doing the processing there or having to wait for a response. You get a response to the request right away. Companies like authorize.net allow this.
It doesn’t mean much… and surely does not (necessarily) suggest immediate processing.
There’s a full post on this question – check out:
http://www.creditcardprocessing-r-us.com/Credit_Card_Processing_Blog/2009/09/what-does-%e2%80%9creal-time-credit-card-processing%e2%80%9d-on-a-website-mean/