Payment Gateway

P2P Lenders for Merchant card transaction acquisition

Merchants are not charged for transactions of wallet members and they merchant account is credited immediately for 100% of sale. Spenders pay a fee for this and their transactions are matched to lenders offering lower consumer interest rates than the credit cards registered in their wallets. Lenders pay a commision for orders matched. Lenders are repaid at 200 basis points below the interest charged to spenders.

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