I am working with a client to migrate their 12 year old ecommerce site to a more modern platform. The manner in which they process credit cards is something I don't have experience with, and either I can't seem to punch the right combination of words to get google to spit out what i'm looking for, or this is an oddity.
Their business does not process any credit card transactions itself. They use mals ecommerce shopping cart, and when customers place orders, the credit card information is stored there, but not processed. Their partner then logs into Mals and is able to retrieve all the card information and then process it externally on their own equipment.
- Is there a common name for this process
- Is this an acceptable practice (It seems kinda sketchy to me)
- If so, can someone point me in the right direction for research