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Credit Card Processing for Small Business: Everything You Need to Know

Stax

We have broken down the process into three key steps below: Payment initiation This first step is triggered when your customer pays for your goods or services using a credit card. The payment could also be made via digital means. Your merchant account can even be terminated if you get too many chargeback fees.

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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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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. What is a Payment Gateway? What is a Payment Service Provider (PSP)?