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

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AUGUST 29, 2024

The payment gateway connection will be responsible for transmitting your customer’s payment information between your own customer-facing platforms and your PSP and other relevant financial institutions. Also, the processing rates for a debit card payment will be different from the processing rates for an ACH transfer.

Payment Service Provider (PSP) 88
Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88
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