centpays.

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CENTPAYS®

How do we work?

• Definition
 User- The end user or the 3rd party availing a transaction for a particular product or service.
 Merchant-The client taking processing services from the Acquiring Bank in order sell their products & services to the user.
 Merchant A/C-The account being maintained for the debit and credit of funds come in and out from the selling of merchant’s product and services.
 Fraud Check-The process for checking threats and fraudulent activities.
 Using Bank-This bank sends request for transaction to user’s issuing bank.
 Issue Bank-The bank which issues cards to users.