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What is Remittance-as-a-Service (RaaS)?

A native payment is a type of payment that is processed directly through a platform or service, without the need for an external payment processor. This allows for a seamless and secure payment experience for the user. Native payments are often used in mobile apps and other online platforms. For example, if you make a purchase within a mobile app, the payment may be processed using the app’s native payment system, rather than being redirected to a third-party payment processor.

This page was last updated on January 2, 2023.