Payments

What is Payment?

Payments refer to the transfer of money, typically from a customer to a merchant, in exchange for goods or services. Payments can be made using various methods such as cash, credit or debit cards, mobile wallets, bank transfers, and online payment platforms. The process of making a payment involves the authorization and verification of the transaction, the transfer of funds, and the confirmation of successful payment completion. Payments are a fundamental aspect of commerce and financial transactions, enabling businesses to receive compensation for products or services rendered.

Payment modes

Payment modes refer to the methods or channels through which customers can pay for goods or services, encompassing both one-time payments and options to store payment information for future transactions. These payment methods play a crucial role in the payment operations of a business or e-commerce platform.

CCG Offered Payment modes and transctions

• Payment Modes
• Payment Transactions
  • Pre-Authorization
  • Sale Transacrions
  • Partial Authorization