Cryptocurrency Q&A What is a PSP in money?

What is a PSP in money?

CherryBlossomGrace CherryBlossomGrace Fri Nov 01 2024 | 5 answers 983
I'm trying to understand the financial term PSP. Could someone explain what PSP stands for in the context of money and how it's typically used? What is a PSP in money?

5 answers

Davide Davide Sun Nov 03 2024
By utilizing a PSP, businesses can accept payments from customers through various means.

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Valeria Valeria Sun Nov 03 2024
These include credit cards, debit cards, and Alternative Payment Methods (APMs), such as digital wallets or mobile payments.

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Chiara Chiara Sun Nov 03 2024
BTCC, a top cryptocurrency exchange, also offers a range of services as a PSP. Its offerings include spot trading, futures trading, and a wallet service, catering to the needs of both individual and corporate clients.

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MatthewThomas MatthewThomas Sun Nov 03 2024
A Payment Service Provider, commonly referred to as a PSP, plays a crucial role in the financial landscape.

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CherryBlossom CherryBlossom Sun Nov 03 2024
It serves as a bridge between businesses and customers, enabling seamless transactions.

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