Remove Fraud Detection Remove Payment Service Provider (PSP) Remove Payments Data
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The Ultimate Guide to Ecommerce Payment Solutions

Stax

Some offer hands-off support from the payment gateway provider while others require regular maintenance and support. That said, lets dive into the different types of eCommerce payment solutions: Hosted payment gateways Hosted payment gateways are provided by a payment service provider (PSP).

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

Stax

PSPs offer joint merchant accounts and flat-rate processing fees that make them ideal solutions for small businesses that only process payments occasionally. The PSP will first send the incoming payment data to the acquiring bank, which is a financial institution that accepts and verifies transactions on behalf of merchants.

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Payment Gateway, Processor & PSP: 3 Essential Payment Terms Every Business Should Know

Segpay

Last January, Segpay proudly announced that it has launched its new gateway payment platform: The Segpay Gateway can handle high volumes of merchant transactions in multiple currencies, keeping all data safe with the latest data security standards. Key Functions of a Payment Gateway: Encrypts and securely transmits payment data.