What Is A Payment Service Provider (PSP)?
Nanonets
OCTOBER 1, 2023
• Fraud prevention: PSPs use various methods to prevent fraud, such as AVS and CVV2 checks. • Security: PSPs use encryption and other security measures to protect your customers’ personal and financial information. In addition, find out what steps the PSP takes in the event of a data breach. It charges 2.7%
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