Download for free Axerve’s latest whitepaper on payment orchestration. Find out more

Download for free Axerve’s latest whitepaper on payment orchestration. Find out more

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Unique and integrated solutions to manage payments in all shapes and forms in all online channels.
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MIT (Merchant Initiated Transaction)

MIT (Merchant Initiated Transaction)

This type of transaction occurs without the cardholder's participation during the purchase, the stored card details are used with the customer prior authorisation. A common example of a MIT use is recurring purchases, such as subscriptions and bills.

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