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

Stax

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

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Your Complete Guide to SaaS Payments Monetization: What SaaS Companies Should Know

Stax

Whenever merchants process transactions using your payment processor services, you can generate revenue by marking up those processing costs. While merchants can choose to process credit cards through one of Wix’s many payment partners, the company also has its own payment solutionWix Payments.

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What Is Debit Card Processing & How Does It Work?

Payment Savvy

This occurs when the cardholder contacts their issuing bank to request a reversal of the transaction amount, typically due to fraud, unauthorized purchases, or dissatisfaction with the goods or services provided. Tokenization Tokenization is another powerful security tool used in debit card processing.

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How Much Should Merchants Pay for Credit Card Processing in 2025?

Clearly Payments

In this article, well break down credit card processing costs, explain the math behind them, and give you benchmarks so you know whether youre getting a good deal. The money is deposited in your business bank account (minus fees). What Affects Your Credit Card Processing Costs?