Payment Service Provider (PSP) Service Provider Transaction Limits 
Payment Savvy
JULY 12, 2024
Accepting online payments without incurring fees may sound appealing, but it’s not feasible. Processing online payments involves costs, whether they’re fees to credit card companies, processing networks, or payment service providers. Cons: Not designed for business transactions.
M2P Fintech
AUGUST 25, 2023
But this digital payments gamechanger relies on an internet connection to function, as transactions require seamless and uninterrupted communication between a host of payment players. A QR payment flow begins with the customer scanning a QR code for the required amount. This also includes small ticket transactions.
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