Remove Freeze Account Remove Non-Bank Remove Processing Costs
article thumbnail

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

Stax

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). The question is: how do payment service providers work and how can you choose the right one for your business?