How to get a multi merchant payment gateway

Merchant Services Q&ACategory: Payment ProcessingHow to get a multi merchant payment gateway
Bankim Chandra Staff asked 8 months ago
1 Answers
Bankim Chandra Staff answered 8 months ago

A Multi Merchant Payment Gateway is used by various merchants. Its a bit complex to explain but i will try. Lets take an example of a salon where there are multiple hair dressers and each work as independent entity. In this case they all can use a single terminal However they will have to share individual kyc to the acquiring bank.

Bankim Chandra Staff replied 8 months ago

Before accepting payments the hair dressers will have to switch to there Terminal ID to ensure that the funds will reach the right individual.