Net asset value and Payment service provider: Difference between pages
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imported>Doug Williamson (Add link.) |
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( | ''Payment systems''. | ||
(PSP). | |||
1. | 1. | ||
Defined broadly, a payment service provider is an organisation that: | |||
*provides payment services to others that are not participants in a payment system | |||
*for the purposes of enabling the transfer of funds using the payment system. | |||
2. | 2. | ||
In a narrower sense, an online payment service provider (PSP) enables e-commerce merchants to accept payments on the merchant's own website. | |||
<span style="color:#4B0082">'''''UK PSPs to remain in SEPA'''''</span> | |||
:"Whatever shape Brexit takes, UK payment service providers (PSPs) will continue to take part in the Single Euro Payments Area (SEPA). | |||
:SEPA managing authority the European Payments Council (EPC) announced the decision in March, following an application that trade body UK Finance filed with the EPC late last year." | |||
:''The Treasurer magazine, Cash Management Edition April 2019, p8. | |||
== See also == | == See also == | ||
* [[ | *[[Aggregator]] | ||
* [[ | *[[AISP]] | ||
*[[Authorised payment institution]] | |||
*[[Brexit]] | |||
*[[e-commerce]] | |||
*[[European Association of Payment Service Providers for Merchants]] | |||
*[[Faster Payments Service]] | |||
*[[Fintech]] | |||
*[[Information technology]] | |||
*[[Merchant]] | |||
*[[P2P]] | |||
*[[Payment system]] | |||
*[[Payment Systems Regulator]] | |||
*[[PISP]] | |||
*[[Single Euro Payments Area]] | |||
*[[TTP]] | |||
[[Category:Cash_management]] |
Revision as of 09:05, 22 July 2019
Payment systems.
(PSP).
1.
Defined broadly, a payment service provider is an organisation that:
- provides payment services to others that are not participants in a payment system
- for the purposes of enabling the transfer of funds using the payment system.
2.
In a narrower sense, an online payment service provider (PSP) enables e-commerce merchants to accept payments on the merchant's own website.
UK PSPs to remain in SEPA
- "Whatever shape Brexit takes, UK payment service providers (PSPs) will continue to take part in the Single Euro Payments Area (SEPA).
- SEPA managing authority the European Payments Council (EPC) announced the decision in March, following an application that trade body UK Finance filed with the EPC late last year."
- The Treasurer magazine, Cash Management Edition April 2019, p8.