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A sales letter is a piece of direct mail which is designed to persuade the reader to purchase a particular product or service in the absence of a salesman or saleswoman . It has been defined as "A form of direct mail in which an advertiser sends a letter to a potential customer."
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
Chase Paymentech is an American payment service provider and merchant acquiring business that is part of JPMorgan Chase. Paymentech payment platforms supports businesses to process payments. In addition to its payment services the company provides associated business services such as analytics, payment fraud detection, and data security. [1]
In 2010, the People's Bank of China issued administrative measures regarding online non-financial payment services. [9]: 33 These measures retroactively recognized the legal status of online third-party payment platforms like Alipay. [9]: 33 Prior to the 2010 measures, these services existed in a legal grey area. [9]: 32
The future of the payment processing industry is being driven by an increase in vertical-specific processors, [14] the accelerated adoption of contactless payment methods [15] (in response to COVID-19-related limitations on contact and in-person interactions), and the trend toward customer choice and autonomy, [16] particularly in western cultures.
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A merchant account is a type of bank account that allows a seller, known as the merchant, to accept payments by debit or credit cards.A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions.