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Akurateco Partners with Dinero Pay to Transform Mobile Payments in Saudi Arabia

Fintech Finance

Akurateco , a global payment software provider with a strong presence in the MENA region, has joined forces with Dinero Pay , a rising Payment Service Provider (PSP) in Saudi Arabia, to drive innovation in the rapidly evolving mobile payments sector.

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Computop Integrates Wero Into Mobility Offer ‘Pay to Drive’

Fintech Finance

With its Pay to Drive mobility suite, payment service provider (PSP) Computop is bundling payment methods and services for the mobility sector. In future, the new European payment method Wero will also be available for payment at the charging station or petrol pump.

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The Costs of Payment Service Provider (PSP) Lock-In

Basis Theory

Vendor lock-in describes a situation where a customer becomes entirely dependent on a specific vendor for products or services, and switching to another vendor becomes prohibitively difficult or expensive. What is Vendor Lock-in?

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

Stax

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive.

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What Is A Payment Service Provider (PSP)?

Nanonets

​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.

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Authorization Rates: What to Know When Migrating PSPs

Basis Theory

Upon completing the migration to a new payment service provider (PSP), payment professionals often let out a sigh of relief. The 6-month (or longer) process of migrating all the data, flows, and processes to a new PSP finally ends with green checkmarks and live checkout flow.

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How to Switch PSPs without Re-accepting Credit Cards

Basis Theory

Merchants, especially online, have no choice but to contract with at least one payment service provider ( PSP ) to ensure they can execute transactions with credit cards and other payment methods.