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Payment processors also offer additional services, including eCheck payment methods such as SEPA and ACH payments through the Nacha network. These methods are ideal for international sales. They can also be integrated with an online shopping cart software.

The payment processing industry is expanding, as the number of online transactions continues to grow. To ensure that customers will continue to use their cards to make purchases, merchants should ensure that their payment processor is equipped to handle the variety of payments available.

Payment processors provide merchants with physical equipment, such as a card reader for the POS terminal, to help them process credit cards. In addition, a payment processor formally initiates a transaction, relaying card details to the card network. After the payment is authorized, the processor provides the merchant with an order confirmation number.