What is a Payment Service Provider (PSP) and How Do They Work?
Stax
AUGUST 29, 2024
A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). Basically, the difference between payment gateways and PSPs is the extent of tasks they complete.
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