Payment Service Provider (PSP) Related Topics 
Basis Theory
JANUARY 2, 2024
Vendor lock-in describes a situation where a customer becomes entirely dependent on a specific vendor for products or services, and switching to another vendor becomes prohibitively difficult or expensive. What is Vendor Lock-in?
Stax
AUGUST 29, 2024
The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive.
Nanonets
OCTOBER 1, 2023
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.
Basis Theory
JULY 16, 2024
Upon completing the migration to a new payment service provider (PSP), payment professionals often let out a sigh of relief. The 6-month (or longer) process of migrating all the data, flows, and processes to a new PSP finally ends with green checkmarks and live checkout flow.
Basis Theory
NOVEMBER 30, 2023
Merchants, especially online, have no choice but to contract with at least one payment service provider ( PSP ) to ensure they can execute transactions with credit cards and other payment methods.
Basis Theory
NOVEMBER 21, 2023
One important way to achieve this when using a single payment service provider (PSP) is to be extremely cautious and to choose only high-quality partners that understand the nature of your business. As a high-risk merchant, you know that hedging your risks can make it easier for your business to remain operational.
Fintech Finance
SEPTEMBER 30, 2024
Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE.
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