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

Stax

Benefits of Using a PSP Simplified payment processing A PSP will offer instant account approval provided you are not a high-risk merchant, which saves you time and resources, and allows you to start accepting payments on your website and applications immediately.

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What Is A Payment Service Provider (PSP)?

Nanonets

​A payment service provider (PSP) is a company that provides online payments for e-commerce, similar to a credit card processor in a brick-and-mortar store. PSPs are usually used by merchants who sell online, although some may also provide services for offline sales as well.

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SEON Expands to Japan with Densan System Partnership

Fintech News

Densan System, a Japanese information and technology services company, has integrated SEON’s cybersecurity solution to bolster security and streamline user experience on its recently launched ‘PayLabo’ digital payment platform. With SEON’s support, that ambition is possible.

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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Some offer hands-off support from the payment gateway provider while others require regular maintenance and support. That said, lets dive into the different types of eCommerce payment solutions: Hosted payment gateways Hosted payment gateways are provided by a payment service provider (PSP).

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Payment Gateway, Processor & PSP: 3 Essential Payment Terms Every Business Should Know

Segpay

Last January, Segpay proudly announced that it has launched its new gateway payment platform: The Segpay Gateway can handle high volumes of merchant transactions in multiple currencies, keeping all data safe with the latest data security standards. A payment processor is essential for businesses that handle card payments.

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Surfboard Payments and Worldline Forge Strategic Partnership to Empower Businesses with Seamless Payment Solutions

Fintech Finance

This collaboration will bring together Surfboard Payments’ cutting-edge payment terminals, SoftPOS solutions, hardware logistics and loyalty platform with Worldline’s extensive expertise in acquiring, processing, and fraud prevention.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

This is why it’s so important to go for a payment services provider (PSP) that offers robust credit card fraud prevention services to protect you from fraudulent chargebacks and help you better generate evidence to protect your business during chargeback disputes.