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Lemonway acquires PayGreen to expand its ecommerce presence

The Paypers

Also, with Lemonway being a payment institution regulated by the ACPR, the company will serve as PayGreen’s Payment Service Provider (PSP), allowing the latter to enter the European market where Lemonway serves over 400 platforms in approximately 20 countries.

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Know Your Customer (KYC): What It Is and How to Comply

Stax

Even if you’re not in the financial industry, you’ll need a payment processor or payment service provider (PSP) to start generating revenue, which means you’ll need to either have a proper risk management framework in place—or work with a PSP that has one. This legal requirement was codified into U.S.