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Online payment management system is usually a software that automates the management of online transactions (payments.) So instead of dealing manually with PayPal or banks if payments went through and confirming it to customers, certain software (like Blue Snap) do all these in a matter of seconds. In addition, it also sends a confirmation email to merchants that payment has been made. The software also automates currency conversion, depending on its feature.

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Q: What is online payment management system?
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