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Why Merchants Are Opting for Litecoin Payments

CoinRemitter

Merchants have always admired speedy and inexpensive Litecoin payments and preferred using crypto payment gateways supporting Litecoin. This means individuals can process microtransactions by spending minimal fees, which allows retailers to step into the world of crypto payments.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Merchant Identification Number (MID) A unique identifier assigned to a merchant account by the payment processor. Microtransaction A very small transaction, typically less than $1, that is processed electronically. Mobile Payment A payment made using a mobile device, such as a smartphone or tablet.

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