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

Stax

A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH). The question is: how do payment service providers work and how can you choose the right one for your business?

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Finovate Global Malaysia: Payments Partnerships, Funding Sustainable Energy, and More

Finovate

The technology will enable Affin Bank to process 20%+ more transactions, and enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. In other Malaysian fintech news, the country’s largest fintech TNG Digital launched its all-in-one financial hub, GOfinance , within its TNG eWallet this week.