"Praxis Tech Ltd is excited to announce the launch of Merchant Initiated Transactions (MIT), a revolutionary payment processing solution that provides secure, seamless, and convenient checkout experiences for merchants and their customers. With MIT, merchants can now initiate transactions on behalf of their customers, eliminating the need for manual payment information entry and streamlining the payment process. The feature facilitates "one-click payments" for customers and supports most payment processors using the Card On File option (Tokenization), making payments even more secure."