Any purchase using a plastic card takes place in two stages - authorization and write-off. Suppose a customer makes a purchase in your online store, which is connected to the Fondy payment platform. Once the customer has filled in the details on the payment page and clicked the "Buy" button, Fondy transmits the details via a secure communication channel to the acquiring bank (i.e. the bank or financial institution that processes credit or debit card payments on behalf of the merchant), which, in turn, redirects the request to the payment system, usually Visa or Mastercard. From the payment system, the request goes to the issuing bank (which issued the customer's card), and the latter checks whether the card is blocked and whether there is enough money in the account. If the 3D Secure additional verification system is activated, the bank redirects the payer to the page for entering a one-time password.

Hello, it's no secret that the world of business is changing. In the age of technology, more and more companies are moving online. This has led to the need for new payment processing methods to fit this new way of doing business. One such method is payment processor for processing payments. The system allows you to make payments online, as well as payments in cryptocurrency, without using a merchant account.