Ikajo

NOVEMBER 2, 2023

The role of Payment Service Providers A Payment Service Provider (PSP) is a type of payment processing company that specializes in providing a wide range of payment-related services and solutions to businesses. Payment processors generate profits by charging merchants transaction fees.

Process 52

Process Processors Payment Gateways Payments 52

The Payments Association

NOVEMBER 18, 2024

However, the traditional banks have often been hampered by limited feature sets on their merchant acquiring platforms and onerous onboarding processes, making it difficult for merchants to quickly and easily integrate their payment solutions. PayPal leads the online payment processing market with a 45% share, followed by Stripe at 17%.

FinTech 88

FinTech Online and Mobile Banking Acquirers Fraud Prevention 88

CB Insights

FEBRUARY 13, 2020

Many leading tech companies — including Google (Checkout), Yahoo (PayDirect), and Microsoft (Passport) — tried to compete with PayPal to gain a foothold in the online payments market, but ultimately shuttered these product lines in the mid-2000s. That figure more than doubled for companies processing more than $5M per year.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98