{"id":904,"date":"2018-11-21T10:13:09","date_gmt":"2018-11-21T10:13:09","guid":{"rendered":"https:\/\/www.paycron.com\/?p=904"},"modified":"2024-12-26T16:34:06","modified_gmt":"2024-12-26T21:34:06","slug":"payment-processing-did-you-know-the-3-ps-of-payment-processing","status":"publish","type":"post","link":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/","title":{"rendered":"Payment Processing \u2014 Did You Know The 3 P&#8217;s Of Payment Processing?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Online shopping fever has risen in today\u2019s economy, resulting in the setting up of digital shops to <strong><a href=\"https:\/\/www.paycron.com\/blog\/how-to-accept-payments-online-a-comprehensive-guide\" title=\"\">accept online payments<\/a><\/strong>. Success is extending friendship hands to businesses that are incorporating online payment processing. Feeling like starting? Understand the essentials 3 P\u2019s first:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Players<\/li>\n\n\n\n<li>Payments<\/li>\n\n\n\n<li>Pricing<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Players \u2014<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In terms of processing credit and debit cards, there are three major players. On the one end is the business or merchant, on the other end is the customer and the middle section is occupied with technology that connects the two.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Merchant:<\/strong> To accept credit and debit cards from online customers, partnering with key players is important. A business owner needs a merchant bank that accepts payments on its behalf to deposit them in the merchant account.<\/li>\n\n\n\n<li><strong>Customer:<\/strong> Customers need credit or debit cards to pay online. Bank approving the card is known as the issuing bank.<\/li>\n\n\n\n<li><strong>Technology:<\/strong> In the middle are two technologies that enable you and your customer to transact. The first is the <strong><a href=\"https:\/\/www.linkedin.com\/pulse\/step-by-step-guide-custom-payment-gateway-setup-paycron-inc-hxvhe\/\" title=\"\">payment gateway<\/a><\/strong>, software that links your site\u2019s shopping cart to the processing network. The second one is the payment processor who moves the transaction, sends a billing statement, and works with the bank and a lot more<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Payments \u2014<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding how money moves from a customer to a business is quite important. Payment processing has two stages:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The authorization<\/li>\n\n\n\n<li>The settlement<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The authorization process involves:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Customer purchases a product on the website with a credit or debit card<\/li>\n\n\n\n<li>The details travel down the payment gateway, encrypting the data to maintain its privacy followed by sending it to the payment processor<\/li>\n\n\n\n<li>Request is sent to the customer\u2019s issuing bank by the payment processor to assure whether they have enough credit for the payment<\/li>\n\n\n\n<li>In case of \u2018approval,\u2019 the issuer responds with \u2018yes\u2019 and in case of \u2018denial,\u2019 the issuer responds with \u2018no\u2019<\/li>\n\n\n\n<li>Payment processor sends the answer about approval of the sale and asks the merchant bank to credit the merchant\u2019s account.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Now comes the settlement phase or the second phase:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Card issuer sends the funds to the merchant bank to deposit the money into their account.<\/li>\n\n\n\n<li>Funds are transferred.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Pricing \u2014<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Everyone who is involved with transactions needs to get paid by it the issuing bank, credit card association, merchant bank, or <strong><a href=\"https:\/\/www.paycron.com\/blog\/how-to-accept-payments-online-a-comprehensive-guide\" title=\"\">payment processor<\/a><\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Every time a sales transaction is processed, four fees are paid:<\/h3>\n\n\n\n<ul class=\"wp-block-list rr\">\n<li><strong>Percent of the transaction amount:<\/strong> Issuers take a certain percentage of each sale, known as the interchange. This fee depends on a number of things, like sale amount, industry, and type of card that is used.<\/li>\n\n\n\n<li><strong>Another percent of the transaction amount:<\/strong> Credit card association charges a fee too, which is known as an assessment.<\/li>\n\n\n\n<li><strong>Even more percent of the transaction amount:<\/strong> Merchant bank charges a percentage fee. Here also, the amount depends on sale amount, industry, monthly processing volume, etc.<\/li>\n\n\n\n<li><strong>The dollar amount of every processed transaction:<\/strong> The payment processor makes money by costing a fee known as an authorization fee whenever a transaction is processed. Moreover, it can also ask for setup fees, account cancellation, and monthly usage.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Most of the pricing structures come under one of three categories:<\/h3>\n\n\n\n<ul class=\"wp-block-list rr\">\n<li><strong>Flat-rate pricing:<\/strong> Here, a fixed percentage is paid for all the transaction volume irrespective of the actual costs. Above mentioned fees are baked into this single rate.<\/li>\n\n\n\n<li><strong>Interchange plus pricing:<\/strong> <strong><a href=\"https:\/\/www.paycron.com\/merchant-services\/\">Merchant service<\/a><\/strong> charges a certain fee on top of the interchange.<\/li>\n\n\n\n<li><strong>Tiered pricing:<\/strong> The processor takes different interchange rates to lump them further in three pricing tiers:\n<ul class=\"wp-block-list\">\n<li>Qualified<\/li>\n\n\n\n<li> Mid-qualified<\/li>\n\n\n\n<li> Non-qualified<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This makes things easy for everyone. However, as the processor defines the pricing tier it wants, it can turn expensive.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And this was all! We hope you have found this post useful. Stay tuned for more!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online shopping fever has risen in today\u2019s economy, resulting in the setting up of digital shops to accept online payments. Success is extending friendship hands to businesses that are incorporating online payment processing. Feeling like starting? Understand the essentials 3 P\u2019s first: Players \u2014 In terms of processing credit and debit cards, there are three [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":6364,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[252,251,267,217,287,36,3,233,202,210,235,6,266,114,224,272,27,78,276,28],"tags":[56,108,43,52,184,129,61,172,221,44,288,222,220,294,291,290,296,145,40,144,147,183,289,295,231,238,185,292,83,19,154,280,11],"class_list":["post-904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-b2b-payment-gateway","category-b2b-payment-processing","category-credit-card-processing","category-echeck","category-echecks","category-ecommerce-merchant-accounts","category-financial-services","category-high-risk","category-high-risk-merchant-account","category-high-risk-merchant-services","category-high-risk-processing","category-merchant-account","category-merchant-services","category-merchant-services-company","category-payment-gateway","category-payment-processing","category-payment-processor","category-pharmacy-merchant-account","category-point-of-sale","category-pos-technologies","tag-3rd-party-merchant-account","tag-application-for-merchant-account","tag-apply-for-merchant-account","tag-best-merchant-account","tag-best-merchant-accounts-for-financial-consultants","tag-best-merchant-accounts-for-florists","tag-best-merchant-services-for-restaurants","tag-business-consulting-merchant-accounts","tag-e-check","tag-easy-approval-merchant-account","tag-echeck","tag-echeck-payment","tag-echeck-payment-gateway","tag-echeck-payment-processing","tag-echeck-payment-processing-solutions","tag-echeck-payment-solution","tag-echecks","tag-ecommerce-merchant-account","tag-ecommerce-merchant-account-providers","tag-ecommerce-merchant-accounts","tag-ecommerce-payment-solutions","tag-financial-consulting-merchant-account","tag-financial-services","tag-high-risk","tag-high-risk-credit-card-processing","tag-high-risk-merchant-account","tag-high-risk-merchant-account-financial-consultant","tag-high-risk-merchant-account-services","tag-high-risk-payment-gateway-for-pharmacy","tag-merchant-account","tag-online-gaming-payment-gateway","tag-payment-gateway","tag-payment-processing"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.9.7.2 - aioseo.com -->\n\t<meta name=\"description\" content=\"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Emma Megan\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 4.9.7.2\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Paycron -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Did You Know The 3P&#039;s of Payment Processing?\" \/>\n\t\t<meta property=\"og:description\" content=\"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/www.paycron.com\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/www.paycron.com\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg\" \/>\n\t\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2018-11-21T10:13:09+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2024-12-26T21:34:06+00:00\" \/>\n\t\t<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Paycron\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:site\" content=\"@paycron_inc\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Did You Know The 3P&#039;s of Payment Processing?\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?\" \/>\n\t\t<meta name=\"twitter:creator\" content=\"@paycron_inc\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/www.paycron.com\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#blogposting\",\"name\":\"Payment Processing - Did You Know The 3P's of it?\",\"headline\":\"Payment Processing \\u2014 Did You Know The 3 P&#8217;s Of Payment Processing?\",\"author\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/author\\\/emma-megan\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/11\\\/The-3Ps-of-Payment-Processing.jpg\",\"width\":1200,\"height\":630,\"caption\":\"The 3P's of Payment Processing\"},\"datePublished\":\"2018-11-21T10:13:09+00:00\",\"dateModified\":\"2024-12-26T16:34:06+00:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#webpage\"},\"articleSection\":\"B2B Payment Gateway, B2B Payment Processing, Credit Card Processing, Echeck, echecks, ecommerce merchant accounts, Financial Services, High Risk, High Risk Merchant Account, High Risk Merchant Services, High Risk Processing, Merchant Account, Merchant Services, Merchant services company, Payment gateway, payment processing, Payment Processor, pharmacy merchant account, Point of sale, POS technologies, 3rd party merchant account, application for merchant account, apply for merchant account, best merchant account, Best Merchant Accounts for Financial Consultants, Best Merchant Accounts for Florists, best merchant services for restaurants, Business consulting merchant accounts, e-check, easy approval merchant account, echeck, echeck payment, echeck payment gateway, echeck payment processing, echeck payment processing solutions, echeck payment solution, echecks, ecommerce merchant account, ecommerce merchant account providers, ecommerce merchant accounts, ecommerce payment solutions, Financial Consulting Merchant Account, financial services, high risk, high risk credit card processing, high risk merchant account, high risk merchant account financial consultant, high risk merchant account services, high risk payment gateway for pharmacy, Merchant Account, Online Gaming Payment Gateway, Payment Gateway, payment processing\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.paycron.com\\\/blog\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/category\\\/financial-services\\\/#listItem\",\"name\":\"Financial Services\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/category\\\/financial-services\\\/#listItem\",\"position\":2,\"name\":\"Financial Services\",\"item\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/category\\\/financial-services\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#listItem\",\"name\":\"Payment Processing \\u2014 Did You Know The 3 P&#8217;s Of Payment Processing?\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#listItem\",\"position\":3,\"name\":\"Payment Processing \\u2014 Did You Know The 3 P&#8217;s Of Payment Processing?\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/category\\\/financial-services\\\/#listItem\",\"name\":\"Financial Services\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/#organization\",\"name\":\"Paycron\",\"url\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/\",\"telephone\":\"+18009821372\",\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/Paycron-Fevicon.png\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#organizationLogo\",\"width\":2160,\"height\":2160,\"caption\":\"Paycron Favicon\"},\"image\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#organizationLogo\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Paycron\",\"https:\\\/\\\/x.com\\\/paycron_inc\",\"https:\\\/\\\/www.instagram.com\\\/paycron_inc\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/paycron-inc\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/author\\\/emma-megan\\\/#author\",\"url\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/author\\\/emma-megan\\\/\",\"name\":\"Emma Megan\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/emma-megan-content-writer-paycron.png\"},\"description\":\"With over a decade of experience in content creation, I serve as a Senior Content Writer at Paycron, where I craft high-impact, informative content that helps businesses navigate the evolving world of digital payments. Specializing in fintech writing and digital marketing, I simplify complex topics\\u2014such as eCheck services, integrated payments, and high-risk merchant solutions\\u2014into clear, engaging content tailored for diverse audiences. From blog articles and website copy to email campaigns and whitepapers, my work is driven by a passion for educating clients, enhancing online visibility, and reinforcing Paycron\\u2019s position as a trusted leader in the payment processing industry.\",\"jobTitle\":\"Senior Content Writer\",\"knowsLanguage\":[\"English\"]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#webpage\",\"url\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/\",\"name\":\"Payment Processing - Did You Know The 3P's of it?\",\"description\":\"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/author\\\/emma-megan\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/author\\\/emma-megan\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/11\\\/The-3Ps-of-Payment-Processing.jpg\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#mainImage\",\"width\":1200,\"height\":630,\"caption\":\"The 3P's of Payment Processing\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/payment-processing-did-you-know-the-3-ps-of-payment-processing\\\/#mainImage\"},\"datePublished\":\"2018-11-21T10:13:09+00:00\",\"dateModified\":\"2024-12-26T16:34:06+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/\",\"name\":\"Paycron\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.paycron.com\\\/blog\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>Payment Processing - Did You Know The 3P's of it?<\/title>\n\n","aioseo_head_json":{"title":"Payment Processing - Did You Know The 3P's of it?","description":"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?","canonical_url":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#blogposting","name":"Payment Processing - Did You Know The 3P's of it?","headline":"Payment Processing \u2014 Did You Know The 3 P&#8217;s Of Payment Processing?","author":{"@id":"https:\/\/www.paycron.com\/blog\/author\/emma-megan\/#author"},"publisher":{"@id":"https:\/\/www.paycron.com\/blog\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/www.paycron.com\/blog\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg","width":1200,"height":630,"caption":"The 3P's of Payment Processing"},"datePublished":"2018-11-21T10:13:09+00:00","dateModified":"2024-12-26T16:34:06+00:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#webpage"},"isPartOf":{"@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#webpage"},"articleSection":"B2B Payment Gateway, B2B Payment Processing, Credit Card Processing, Echeck, echecks, ecommerce merchant accounts, Financial Services, High Risk, High Risk Merchant Account, High Risk Merchant Services, High Risk Processing, Merchant Account, Merchant Services, Merchant services company, Payment gateway, payment processing, Payment Processor, pharmacy merchant account, Point of sale, POS technologies, 3rd party merchant account, application for merchant account, apply for merchant account, best merchant account, Best Merchant Accounts for Financial Consultants, Best Merchant Accounts for Florists, best merchant services for restaurants, Business consulting merchant accounts, e-check, easy approval merchant account, echeck, echeck payment, echeck payment gateway, echeck payment processing, echeck payment processing solutions, echeck payment solution, echecks, ecommerce merchant account, ecommerce merchant account providers, ecommerce merchant accounts, ecommerce payment solutions, Financial Consulting Merchant Account, financial services, high risk, high risk credit card processing, high risk merchant account, high risk merchant account financial consultant, high risk merchant account services, high risk payment gateway for pharmacy, Merchant Account, Online Gaming Payment Gateway, Payment Gateway, payment processing"},{"@type":"BreadcrumbList","@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.paycron.com\/blog#listItem","position":1,"name":"Home","item":"https:\/\/www.paycron.com\/blog","nextItem":{"@type":"ListItem","@id":"https:\/\/www.paycron.com\/blog\/category\/financial-services\/#listItem","name":"Financial Services"}},{"@type":"ListItem","@id":"https:\/\/www.paycron.com\/blog\/category\/financial-services\/#listItem","position":2,"name":"Financial Services","item":"https:\/\/www.paycron.com\/blog\/category\/financial-services\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#listItem","name":"Payment Processing \u2014 Did You Know The 3 P&#8217;s Of Payment Processing?"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.paycron.com\/blog#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#listItem","position":3,"name":"Payment Processing \u2014 Did You Know The 3 P&#8217;s Of Payment Processing?","previousItem":{"@type":"ListItem","@id":"https:\/\/www.paycron.com\/blog\/category\/financial-services\/#listItem","name":"Financial Services"}}]},{"@type":"Organization","@id":"https:\/\/www.paycron.com\/blog\/#organization","name":"Paycron","url":"https:\/\/www.paycron.com\/blog\/","telephone":"+18009821372","logo":{"@type":"ImageObject","url":"https:\/\/www.paycron.com\/blog\/wp-content\/uploads\/2026\/03\/Paycron-Fevicon.png","@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#organizationLogo","width":2160,"height":2160,"caption":"Paycron Favicon"},"image":{"@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#organizationLogo"},"sameAs":["https:\/\/www.facebook.com\/Paycron","https:\/\/x.com\/paycron_inc","https:\/\/www.instagram.com\/paycron_inc\/","https:\/\/www.linkedin.com\/company\/paycron-inc\/"]},{"@type":"Person","@id":"https:\/\/www.paycron.com\/blog\/author\/emma-megan\/#author","url":"https:\/\/www.paycron.com\/blog\/author\/emma-megan\/","name":"Emma Megan","image":{"@type":"ImageObject","url":"https:\/\/www.paycron.com\/blog\/wp-content\/uploads\/2026\/03\/emma-megan-content-writer-paycron.png"},"description":"With over a decade of experience in content creation, I serve as a Senior Content Writer at Paycron, where I craft high-impact, informative content that helps businesses navigate the evolving world of digital payments. Specializing in fintech writing and digital marketing, I simplify complex topics\u2014such as eCheck services, integrated payments, and high-risk merchant solutions\u2014into clear, engaging content tailored for diverse audiences. From blog articles and website copy to email campaigns and whitepapers, my work is driven by a passion for educating clients, enhancing online visibility, and reinforcing Paycron\u2019s position as a trusted leader in the payment processing industry.","jobTitle":"Senior Content Writer","knowsLanguage":["English"]},{"@type":"WebPage","@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#webpage","url":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/","name":"Payment Processing - Did You Know The 3P's of it?","description":"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.paycron.com\/blog\/#website"},"breadcrumb":{"@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#breadcrumblist"},"author":{"@id":"https:\/\/www.paycron.com\/blog\/author\/emma-megan\/#author"},"creator":{"@id":"https:\/\/www.paycron.com\/blog\/author\/emma-megan\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/www.paycron.com\/blog\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg","@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#mainImage","width":1200,"height":630,"caption":"The 3P's of Payment Processing"},"primaryImageOfPage":{"@id":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/#mainImage"},"datePublished":"2018-11-21T10:13:09+00:00","dateModified":"2024-12-26T16:34:06+00:00"},{"@type":"WebSite","@id":"https:\/\/www.paycron.com\/blog\/#website","url":"https:\/\/www.paycron.com\/blog\/","name":"Paycron","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.paycron.com\/blog\/#organization"}}]},"og:locale":"en_US","og:site_name":"Paycron -","og:type":"article","og:title":"Did You Know The 3P's of Payment Processing?","og:description":"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?","og:url":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/","og:image":"https:\/\/www.paycron.com\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg","og:image:secure_url":"https:\/\/www.paycron.com\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg","og:image:width":"1200","og:image:height":"630","article:published_time":"2018-11-21T10:13:09+00:00","article:modified_time":"2024-12-26T21:34:06+00:00","article:publisher":"https:\/\/www.facebook.com\/Paycron","twitter:card":"summary","twitter:site":"@paycron_inc","twitter:title":"Did You Know The 3P's of Payment Processing?","twitter:description":"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?","twitter:creator":"@paycron_inc","twitter:image":"https:\/\/www.paycron.com\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg"},"aioseo_meta_data":{"post_id":"904","title":"Payment Processing - Did You Know The 3P's of it?","description":"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?","keywords":[{"label":"merchant services","value":"merchant services"},{"label":"merchant service provider","value":"merchant service provider"},{"label":"total merchant services","value":"total merchant services"},{"label":"best merchant services","value":"best merchant services"},{"label":"merchant services for small business","value":"merchant services for small business"},{"label":"High risk merchant account","value":"High risk merchant account"},{"label":"Merchant Account","value":"Merchant Account"},{"label":"merchant account providers","value":"merchant account providers"},{"label":"payment processing companies","value":"payment processing companies"},{"label":"payment gateway providers","value":"payment gateway providers"},{"label":"payment gateways","value":"payment gateways"}],"keyphrases":{"focus":{"keyphrase":"Payment Processing","score":75,"analysis":{"keyphraseInTitle":{"score":9,"maxScore":9,"error":0},"keyphraseInDescription":{"score":9,"maxScore":9,"error":0},"keyphraseLength":{"score":9,"maxScore":9,"error":0,"length":2},"keyphraseInURL":{"score":5,"maxScore":5,"error":0},"keyphraseInIntroduction":{"score":9,"maxScore":9,"error":0},"keyphraseInSubHeadings":{"score":3,"maxScore":9,"error":1},"keyphraseInImageAlt":[],"keywordDensity":{"score":0,"type":"low","maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":"Did You Know The 3P's of Payment Processing?","og_description":"Everything you need to know about payment processing. How does it apply to online businesses and help to accept credit cards for industries?","og_object_type":"article","og_image_type":"featured","og_image_url":"https:\/\/www.paycron.com\/wp-content\/uploads\/2018\/11\/The-3Ps-of-Payment-Processing.jpg","og_image_width":"1200","og_image_height":"630","og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":true,"twitter_card":"summary","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"seo_analyzer_scan_date":"2026-05-26 17:24:40","breadcrumb_settings":null,"limit_modified_date":false,"reviewed_by":null,"open_ai":null,"ai":null,"created":"2023-02-08 03:42:53","updated":"2026-05-26 17:24:40"},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.paycron.com\/blog\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.paycron.com\/blog\/category\/financial-services\/\" title=\"Financial Services\">Financial Services<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\tPayment Processing \u2014 Did You Know The 3 P\u2019s Of Payment Processing?\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.paycron.com\/blog"},{"label":"Financial Services","link":"https:\/\/www.paycron.com\/blog\/category\/financial-services\/"},{"label":"Payment Processing \u2014 Did You Know The 3 P&#8217;s Of Payment Processing?","link":"https:\/\/www.paycron.com\/blog\/payment-processing-did-you-know-the-3-ps-of-payment-processing\/"}],"_links":{"self":[{"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/posts\/904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/comments?post=904"}],"version-history":[{"count":0,"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/posts\/904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/media\/6364"}],"wp:attachment":[{"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/media?parent=904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/categories?post=904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paycron.com\/blog\/wp-json\/wp\/v2\/tags?post=904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}