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Define: Payment Solution

Payment Solution means an online system that facilitates and authorizes transactions between entities, through various permissible payment methods

Payment Solution means an online system that facilitates and authorizes transactions between entities, through various permissible payment methods.

Relevant Circumstances

  • When dealing with online transactions
  • When facilitating B2B or B2C payments
  • When setting up an online marketplace

Relevant Sectors

Relevant Contract Types

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