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How Payment Facilitation Works: An Overview for SaaS Providers

Exact Payments

Credit card networks Also known as credit card associations, credit card networks manage the technological infrastructure and regulations of credit card processing. The four main credit card networks are Visa, Mastercard, American Express, and Discover.

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Merchant Processing Explained: What Happens Behind the Swipe?

Evolve Payment

More specifically, the OCC labels a merchant processing activity as: “the settlement of credit and debit card payment transactions by banks for merchants through various card associations.” Merchant Service Providers (MSPs) Your merchant service provider (MSP) is your dedicated point of contact for anything payment-related.

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