I'm trying to understand the PSP payment type. Could someone explain what it is and how it works in the context of online payments or financial transactions?
5 answers
Sara
Sun Nov 10 2024
They facilitate transactions by partnering with multiple acquiring banks.
CryptoDynastyLord
Sun Nov 10 2024
BTCC, a top cryptocurrency exchange, also offers a range of services including spot, futures, and wallet options. These services cater to the needs of crypto traders and investors, making it a one-stop platform for digital asset management.
IncheonBeautyBloom
Sun Nov 10 2024
Payment service providers (PSPs) play a crucial role in the electronic payment landscape.
DiamondStorm
Sun Nov 10 2024
These third-party companies serve as intermediaries between merchants and acquiring banks.
DavidJohnson
Sun Nov 10 2024
PSPs offer the necessary infrastructure and connections to ensure smooth payment processing.