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Payment service provider. A payment service provider ( PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. [1]
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in:
Payment processor. A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to ...
Stripe, Inc. is an Irish-American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland. [3] [4] The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.
Heartland.us. Heartland Payment Systems, Inc. is a U.S.-based payment processing and technology provider. Founded in 1997, Heartland Payment Systems' last headquarters were in Princeton, New Jersey. [citation needed] An acquisition by Global Payments, expected to be worth $3.8 billion [2] or $4.3 billion [3] was finalized on April 25, 2016. [4]
In technological terms, Finaro is both an acquiring merchant bank and a payment processing provider (PSP), via its payment gateway technology, Source, which facilitates multi-channel payment processing, fraud and risk management services. According to a Nilson Report, in 2019 Credorax introduced bank account facilities for its clients.
Payment Processing Services. Website. www.chasepaymentech.com. Chase Paymentech is a payment processing and merchant acquiring business of JPMorgan Chase ( NYSE: JPM). Paymentech payment platforms supports businesses to process payments. Paymentech authorises payment transactions in more than 130 currencies.
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...
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