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Reconciliation

Reconciliation organizes provider reviews, product comparisons, and news around related products, services, and industry information so readers can research product differences, service quality, use cases, and industry changes.

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Ping++

China

Founded in 2014 and headquartered in Beijing, Ping++ is China's leading aggregated payment platform. A single API integrates Alipay, WeChat Pay, UnionPay, and more, with a robust reconciliation system for multi-channel payment management.

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What Happens Behind an Online Payment: The Full Flow of Ordering, Paying, Webhooks, and Reconciliation

When a user clicks "pay", a chain of actions happens in seconds: ordering, creating a payment session, redirect payment, callback verification, reconciliation, refunds, and disputes. This guide breaks down the standard flow so you can understand dropped orders, double charges, and mismatched books.