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Use Acts as a terminal for card validation and fraud prevention Acts as mediator between merchants and financialinstitutions to facilitate credit card transactions. They serve as a go-between for the merchant and the financialinstitutions concerned. Yes, it facilitates payments. You get your order confirmation.
E-mandates are electronic authorisations that allow payers to set up recurring payments for various services or subscriptions. The NPCI mediates in case of any disputes or issues arising from such transactions and ensures compliance with the regulatory guidelines. How do e-mandates work? They are convenient, secure, and hassle-free.
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