LDT and Payment service provider: Difference between pages
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imported>Doug Williamson (Specify as a carbon tax.) |
imported>Doug Williamson (Link with Aggregator page.) |
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'' | ''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. | |||
== See also == | |||
*[[Aggregator]] | |||
*[[Faster Payments Service]] | |||
*[[Fintech]] | |||
*[[Information technology]] | |||
*[[P2P]] | |||
*[[Payment system]] | |||
*[[TTP]] |
Revision as of 17:45, 13 March 2017
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.