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What is a Payment Processing System and How Does It Work?

Stax

Funds are settled and deposited into the merchant account – Once the transaction has been approved, the funds are deducted from the customers account and deposited into the merchant account or payment service provider account after settlement. Also, evaluate the providers dispute and chargeback resolution speed.

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What are Mobile Payment Services and How Do You Select the Right One for Your Business?

Stax

TL;DR Mobile payment services allow merchants to accept payments from consumers using mobile devices. To choose the right mobile service provider, merchants should consider fees, integrations, security, and customer support. What are Mobile Payment Services? Are there monthly service charges or hardware rental fees?

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RT2: A strategic transformation for UK payment providers

The Payments Association

This represents a strategic shift for payment providers, affecting cost structures, risk exposure and increasing competition. Non-bank payment service providers can now compete more directly with traditional banks by offering services with similar settlement finality and risk profiles.

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Introducing the Paytiko GrowthHub: The future of payment technology

The Payments Association

Paytiko’s team acknowledged that merchants were still compelled to manually troubleshoot issues, interpret inconsistent fee structures, and piece together disparate data from multiple payment service providers (PSPs) despite having access to dashboards and rudimentary analytics in place.

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How To Find the Best Payment Gateway for Your Business in 2025

EBizCharge

In addition to keeping up with emerging trends, its also important to consider key factors like cost structures and integration capabilities when choosing your payment gateway. Without proper training and the support of a reliable payment service provider, the risk of errors can increase.

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Accepting Stablecoin and Crypto Payments: What Merchants Must Know About Settlement

Finextra

In such cases, your crypto payment service provider (PSP) will convert the cryptocurrency payment into your chosen settlement currency before paying out. Defining Your Preferred Settlement Currency As a business owner, you might have a clear preference about the currency you want to receive—perhaps you only want euros or U.S.

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Behind the Vault: How Custodial Infrastructure Powers Crypto and Stablecoin Payments

Finextra

In traditional finance, custody refers to the services provided by institutions, such as banks, that manage and safeguard assets like cash or securities. Since stablecoins are crypto tokens that operate on blockchain networks, their custody follows the same fundamental principles as other cryptocurrencies.