I'm trying to understand the distinction between CIT and MBT. Could someone please explain the main differences between these two concepts or terms?
7 answers
Tommaso
Wed Dec 18 2024
A merchant-initiated transaction (MIT) is a type of card payment processed by a merchant.
Chloe_jackson_athlete
Wed Dec 18 2024
This payment occurs without the active involvement of the customer.
Michele
Tue Dec 17 2024
It is part of an agreement established during an initial customer-initiated transaction (CIT).
CryptoVisionary
Tue Dec 17 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.
CryptoQueenBee
Tue Dec 17 2024
The CIT serves as the foundation for subsequent MITs.