Processes

Accept payments

How accept payments are reshaped as AGI capability advances.

ProcessesAccept payments
Accept payments — illustrated

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How the work flows

Trigger: A customer presents items for purchase and finalizes the transaction total at the point of sale.

  1. Calculate final transaction total
  2. Receive payment method
  3. Authorize transaction via payment gateway
  4. Resolve payment declines or errors
  5. Record transaction in sales ledger
  6. Issue receipt to customer

Outcome: The payment is authorized and recorded, funds are scheduled for settlement, and a receipt is issued.

Measured by

Transaction Processing TimePayment Authorization RateCost Per TransactionChargeback Rate