Remove Microtransactions Remove Third-Party Service Provider Remove Void
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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Microtransaction A very small transaction, typically less than $1, that is processed electronically. Payment Gateway A service that enables merchants to accept electronic payments from customers through a website or mobile application. Void The process of canceling a transaction before it is completed. PayHawk is Here to Help!

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