article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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?

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

EBANX Data Shows 41% of Online Card Transactions in Brazil Come From Digital Issuers

Fintech Finance

According to internal data from EBANX , a global Payment Service Provider (PSP) that has already processed transactions for nearly 70% of Brazil’s credit cardholders, fintech companies and digital players now account for 41% of the total value transacted through credit cards for online purchases in Brazil.

Issuers 59