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⍰ ASK What is the purpose of an EMI account in online transactions?

When it comes to online transactions, two important elements are EMI accounts and payment gateways. While they serve different purposes, both play a crucial role. EMI accounts are particularly beneficial for customers who prefer to make purchases in installments. On the other hand, payment gateways are indispensable for merchants as they enable them to accept payments from customers. It is important to understand the distinctions between these two components.
 

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