
A payment service provider (PSP) offers (web) shops online services for accepting electronic payments by a variety of payment methods including credit card, bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking. Typically, they use a software as a service model and form a single payment gatewa...
Found on
http://en.wikipedia.org/wiki/Payment_service_provider

See PSP.
Found on
http://www.ft.com/dbglossary
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