Payment processing in the context of WordPress and web development refers to the secure and efficient handling of online transactions through plugins and integrations that facilitate the acceptance of various payment methods, such as credit cards and digital wallets, on a website. Utilizing payment gateways like PayPal, Stripe, or WooCommerce, WordPress site owners can streamline the checkout experience, improve site performance, and enhance SEO by ensuring fast, reliable transactions that contribute to user satisfaction and lower bounce rates. As a critical component of e-commerce marketing strategies, effective payment processing not only supports revenue generation but also builds consumer trust through robust security measures and compliance with industry standards.
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