Infor

Choosing a Payment Service Provider (PSP)

Choosing a Payment Service Provider (PSP)

Over time, the continued rise of e-commerce has opened doors for the growth of efficient and seamless payment methods available to clients. The driving forces behind the evolution of the e-commerce industry are access to extensive customization, the application of adaptive technology, and the innovative integration of advanced technology.With the industry’s continuous growth, owners of e-commerce businesses need to match…

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Importance of Payment Service Providers (PSP)

Importance of Payment Service Providers (PSP)

Customers want flexibility and choice of payment processors where possible. This is especially true when looking at business transactions and managing merchant accounts as a cross-border e-commerce shipper.  Generally speaking, the more payment types, rather mobile payment or even with virtual cards, boosts customer experience. And in turn, it means that it’s more likely a customer will complete the transaction. An August 2022…

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What is a Payment Service Provider?

What is a Payment Service Provider?

Payments can be complicated, but if you want to accept debit or credit card payments at your business, you’re going to need to understand the terminology behind them. Payment service providers are an important part of the payment ecosystem. For any business that wants to deliver a simple payment experience to their customers, it’s something that you should get to…

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