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Step 4: Payment Channel Contract Setup

Contracts formalize the relationship between merchants and payment channels. This step involves adding credentials and fees.

  1. Navigate to the Payment Channel Contract Section.

  2. Create a new contract:

    • Select Company and Payment Gateway Company.

    • Assign a Contract Key: Used internally for reference.

  3. Add Contract Credentials: These are provided by the payment gateway company:

    • Request URLs

    • Secret Keys

    • Merchant Codes

  4. Record Transaction Fees: Example: 1% transaction fee and 10 cents processing fee.

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