Payment Channel Contract Setup

Step 4: Payment Channel Contract Setup

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.

Add provided contract credentials  :

Purpose of Payment Channel Contract Setup

Contracts formalize the agreement between merchants and the payment gateway. Credentials ensure secure communication, while transaction fees define cost structures.