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. It charges $25 per month + 0.5%

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Service Provider Payments Payment APIs and Integration 52

PYMNTS

NOVEMBER 20, 2018

For service providers pushing for commercial card adoption from corporate payers, convincing vendors to accept the payment solution needs a multi-layer approach. Financial services providers are indeed turning their attention to card-not-present fraud, a rising threat in B2B payments as commercial card adoption grows.

Commercial Card 47

Commercial Card Risk Push-to-Card Reconciliation 47

Stax

JANUARY 31, 2024

As of October, Visa introduced a Digital Commerce Services fee on all card-not-present transactions (so all online transactions). However, they did remove the Address Verification Service (AVS) charge of $0.001 per transaction and the Card Verification Value 2 (CVV2) fee of $0.0025 per transaction. The fee is 0.0075%.

Credit Cards 88

Credit Cards Push-to-Card Processors Debit Card 88