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Possible Answers:
IDEAL.
Last seen on: –Metro Quick Tuesday, 25 April 2023
–Metro Quick Monday, March 6, 2023
–Quick crossword No 16,479
–Metro Quick Monday, February 6, 2023
Metro Quick Thursday, January 26, 2023
Random information on the term “IDEAL”:
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A payment service provider (PSP) is a third-party company that assists businesses to accept electronic payments, such as credit cards and debit cards payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers.
Some of the most renowned PSPs are:
PSPs establish technical connections with acquiring banks and card networks, enabling merchants to accept different payment methods without the need to partner with a particular bank. They fully manage payment processing and external network relationships, making the merchant less dependent on banking institutions.
PSP can also offer risk management services for card and bank based payments, transaction payment matching, reporting, fund remittance and fraud protection. Some PSPs provide services to process other next generation methods (payment systems) including cash payments, wallets, prepaid cards or vouchers, and even paper or e-check processing.[citation needed]