Merchants and businesses who need to receive payments from customers can use an online Payment Service Provider (PSP). A PSP allows businesses to accept credit and debit cards online. PSPs provide valuable support such as fraud protection, risk management and reconciliation.
It can be overwhelming to choose a PSP. There are many choices and services available from each PSP. The right PSP will be an integral part your business. It's therefore important to make the right choice. You should consider pricing and features to ensure you are fully informed about what you are getting and that it is right for you. This list will help you make an informed decision and reduce the stress of researching. irctc ka agent kaise bane in hindi
PSP Features
These are some basic features that you should include in your shortlist for PSPs:
Acceptance of various payment types and cards as well as modern payment options such as e-wallets, and other currencies
Security measures and fraud protection to keep you ahead of any potential risks
Technical support that is reliable and readily available irctc ka agent kaise bane in hindi
Transaction reporting
Benefits of online payment service providers:
Now that you are familiar with PSPs, let's dive into the benefits they provide merchants.
Meet Consumer Expectations
