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What is a Payment Service Provider (PSP) and How Do They Work?

Stax

PSPs offer joint merchant accounts and flat-rate processing fees that make them ideal solutions for small businesses that only process payments occasionally. PSPs don’t usually charge monthly fees for access to their payment gateway and instead derive their revenues from the processing fees they impose on each transaction.

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Understanding NetSuite Payment Processing and Its Benefits

EBizCharge

Decoding NetSuite payment terms When diving into NetSuite payment processing, it’s essential to familiarize yourself with common terms. Payment gateway: NetSuite payment gateways act as digital conduits connecting a merchant’s payment system to the payment processing network.

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