A merchant is an automated system that acts as the reception, settlement, and security service for your exchange service. It ensures that the payment process is fast, secure, and without your direct involvement, which ultimately improves the reputation and profitability of the entire business.
Merchants are connected through third-party services that are not part of the exchange service.
Auto-payout is an automated system that allows payments to be made from the service's internal account to users' accounts.
Auto-payouts are made through third-party services that are not part of the exchange service's CMS.
Connection occurs through the admin panel by entering the data received from the services.
Automatic payment acceptance through a merchant and automatic payouts through auto-payout automate the exchange process.