Merchants can accept mobile payments from customers using various methods, such as scanning QR codes, mobile wallets like GSTP. availability of specific features can vary depending on the mobile banking provider and the specific solution or app used. Merchants should carefully evaluate their requirements and choose a mobile banking solution that offers the features and functionalities that best align with their business needs.
Essential for using QR codes for various purposes, such as making payments, accessing information, or completing transactions. the user may need to scan a QR code to initiate the transaction.
Receive Money is a term used to describe the process of accepting or collecting funds that have been sent or transferred to you by another party. This methods such as bank transfers.
Merchant account to transfer funds to their linked bank account. This allows them to access the funds received from customer payments and use them for various purposes. personal use.
Securely processing payment information and transmitting it between a merchant's website or application and the financial institutions involved in the transaction.