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❓ASK What is the purpose of an EMI account in online transactions?

B

Blaka

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When it comes to online transactions, two important elements are EMI accounts and payment gateways. While they serve different purposes, both play a crucial role. EMI accounts are particularly beneficial for customers who prefer to make purchases in installments. On the other hand, payment gateways are indispensable for merchants as they enable them to accept payments from customers. It is important to understand the distinctions between these two components.
 
The EMI also help in making such customers account are being safe and they help to have a smooth financial transaction.
In terms of the payment gateway it help customers to be able to reach out to merchant in terms of payment
 
EMI accounts are just what it is. They are something like an abridged bank accounts that allow you to perform vital financial transactions through electronic means. They facilitate payment of bills and transfer of funds from one end to another.
 

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