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What is a payment gateway?

A payment gateway is used to the process the transaction when a customer is paying with their LOKE app and then deposits funds into your nominated bank account.

This is very similar to the account and gateway that sits behind your EFTPOS terminal that is responsible for the same thing; processing and deposits.

Depending on your country or setup you may be using a payment gateway from:

  • Fat Zebra (Australia)
  • Braintree (UK)
  • DBS (Singapore)

 

 

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