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Promise to Pay

Promise to pay refers to the agreement between lender and borrower to pay for goods on a certain date.

Merchants use the promise to pay feature to extend the initial payment date or to guarantee that the payment will take place on a certain day. Inside of BlytzPay merchants have the ability to create 1-4 promises to pay at a time. Additionally, the system can automatically process the payment when the date and time occur, with customer authorization. Other providers usually only send out a payment reminder giving BlytzPay a leg up on the competition.