The verification, authentication and processing of credit card transactions immediately after a purchase has been made. On the Web, this verification typically takes five minutes or less. This form of processing is particularly important to Websites which sell products their customers expect to receive immediately, such as software downloads or paid-for memberships.
The processing of data as soon as it is entered.
The immediate verification and processing of a credit card transaction following a purchase made by the customer, usually taking less than five minutes before the purchase is finalized.
This method of credit card charging authorizes and charges the customer's credit card at the time of purchase.
data processing fast enough to keep up with an outside process
Internet credit card processing completed during a customer's visit to a website.
Used on ecommerce websites, where a customer places an order online, fills out payment information on an order form or shopping cart, and then waits a few seconds while the transaction is approved. Real-time processing requires a Secure Payment Gateway.
The verification and processing of credit card transaction during purchase. Real-time verification on the internet takes less than five minutes and customers may expect services or products right after transaction approvement. Real-Time Processing always implies that a secure payment gateway is being utilized, whether proprietary or third party.
processing a stream of data during acquisition: scaling, transforming, reducing, filtering or performing other operations on data, rather than simply streaming unprocessed data to disk for subsequent analysis
Real-Time Processing means that when a web site's customer conducts an online purchase, that the check or credit card information is conveyed to the Processor at that exact time so that an authorization can be requested and received at that moment. Real-Time Processing always implies that a Secure Payment Gateway is being utilized, whether proprietary or third party. Please see Secure Payment Gateways and Real Versus Non-Real Time Processing.
In some E-commerce systems, credit card numbers are submitted to the merchant for manual processing. In others, the merchant web site links to a processor who drafts the funds immediately, deposits in the merchant's bank account, and provides a receipt, all in "real-time". This is a much better way to go.
Credit card processing completed when a customer purchases something at a website. The transaction is finalized before the customer leaves the site.
The transmission or processing of data transactions as they occur, instead of waiting for a certain number of transactions to accumulate before they are processed (batch processing). The trend in telecommunications and many other industries is towards real-time processing.
Processing accomplished on a current basis. An interactive on-line computer system that produces results, initiated by the operator at a terminal, in a very short time with immediate update of files.
The processing of a credit card transaction immediately after the purchase has been made. Real-Time is the preferred choice for Internet-based merchants.
processing a credit card transaction immediately after the purchase has been made, such as on an ecommerce website.
Credit card processing completed online, while the customer is still visiting the website. AVS (address verification service)- AVS will match shipping information with the cardholder's billing address.
The verification and processing of credit card transactions immediately following purchase. Real-time verification on the Web usually takes less than thirty seconds. Real time verification is especially important for web sites that sell products and services that consumers expect immediately, such as memberships to the site or software downloads.
A universally used term for the processing of data immediately upon their receipt.
Having your customer's credit card information validated and processed for you automatically. The credit card will be charged and the money will be deposited into your bank account all automatically. This is perfect for an internet-based business.