for payment processing

USAGE SUMMARY

The phrase "for payment processing" is correct and usable in written English.
You can use it when referring to the processing of payments or payment systems. For example: "This software is designed for payment processing."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

36 human-written examples

It can help limit the fees it pays for payment processing.

MIT Technology Review

Examples: credit card numbers, names, and other information used for payment processing.

Cornell University

Invoices for purchases made through Stanford's SmartMart Catalogs are electronically sent by the supplier to Accounts Payable for payment processing.

Stanford University

Credit Card Payment Processing: Credit card numbers used for payment processing are regulated through a trade association agreement with the Payment Card Industry (PCI).

Cornell University

"High risk" is a phrase that the financial sector frequently applies to the adult industry: it's the "high risk" for chargebacks that has led Visa and MasterCard to require adult companies to pay additional fees for payment processing services.

The Guardian - Opinion

Yahoo, the other main seller of advertising on search results, recently announced an alliance with eBay that among other things will encourage Yahoo advertisers to use PayPal for payment processing.

The New York Times - Tech

Human-verified similar examples from authoritative sources

Similar Expressions

24 human-written examples

This data is collected by subway systems and buses for payments processing but isn't used to actually determine congestion.

TechCrunch

It's also worth noting that Uber has been a longtime user of Braintree for payments processing, a company PayPal just acquired for $800 million.

TechCrunch

"We speak to a lot of merchants every moth and a lot of them are looking for partners for payments processing, so we would pass them off to Payment Revolution," said Merritt in an interview.

TechCrunch

Each has established a borrower's bill of rights with minimum standards for timely payment processing, correction of errors and communication.

The Washington Post

French startup SlimPay just raised $16.6 million€1515 million) from Prime Ventures for its payment processing solution.

TechCrunch

Expert writing Tips

Best practice

When discussing costs, clearly differentiate between the base service fee and additional fees "for payment processing" to avoid ambiguity.

Common error

Don't use "payment gateway" and "payment processing" interchangeably. Payment gateways are the technology that captures and transmits payment data, while "payment processing" encompasses the entire procedure of handling a transaction.

Linguistic Context

The phrase "for payment processing" typically functions as a prepositional phrase modifying a noun. It indicates the purpose or intended use of something, as Ludwig AI examples show, like software or an API, in relation to handling monetary transactions.

Expression frequency: Common

Frequent in

News & Media

32%

Academia

25%

Formal & Business

20%

Less common in

Science

23%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "for payment processing" is a common and grammatically sound expression used to describe the purpose or function related to handling financial transactions. As Ludwig AI confirms, it's suitable for use in professional contexts like business, technology, and finance. While alternatives such as ""payment solutions"" or ""transaction handling"" exist, "for payment processing" clearly specifies the intent. Remember to distinguish between "payment gateways" and "payment processing" to maintain clarity in technical discussions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

process payments

Uses the verb "process" as a direct action.

online payment processing

Specifies that payment processing occurrs online

digital payment processing

Specifies that payment processing occurrs through digital channels

handle payments

Simplifies the expression with a verb.

manage payments

Focuses on the administrative aspect of payments.

payment solutions

Focuses on the overall system or method used for payments.

transaction handling

Emphasizes the management and execution of individual transactions.

payment gateway services

Specifies the technology that connects merchants to payment networks.

financial transaction services

Broader term covering various types of financial exchanges.

credit card processing

Specifically relates to handling credit card transactions.

FAQs

How can I use "for payment processing" in a sentence?

You can use "for payment processing" to describe the purpose or function of a system or service. For example, "Our software is designed "for payment processing"".

What are some alternatives to saying "for payment processing"?

Alternatives include "to handle payments", "payment solutions", or "transaction handling", depending on the specific context.

What's the difference between "for payment processing" and "payment gateway"?

"For payment processing" describes the overall process of managing payments, while a "payment gateway" is a specific technology that facilitates that process.

Is it correct to say "payments processing" instead of "for payment processing"?

While "for payments processing" is grammatically acceptable, "for payment processing" is more common and generally preferred. Both describe the management of payments.