What Payment Types Are Available?
The product architecture of LYOMERCHANT was built with a variety of payment scenarios taken into consideration.
- Partial payment
- Escrow payment (third party holding assets or funds before they are transferred from one party to another)
Scheduled payment and invoice payment are in process to be integrated.
The payments are processed by the payers from the payer’s preferred application, and the payments collected by the merchants are received instantly into the merchant’s LYOMERCHANT wallet.