Payment intermediaries

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bitheerani90
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Joined: Tue Jan 07, 2025 6:32 am

Payment intermediaries

Post by bitheerani90 »

These are solutions that connect retailers, consumers and payment acquiring services . They act as an intermediary for payments in a third-party format and are the ideal solution for smaller companies or those just starting out.

Unlike the payment gateway, which communicates directly with the card, the intermediary communicates with financial institutions.

Sub-acquirers
Sub-acquirers are services that involve financial transactions iceland mobile database anti-fraud checks . These solutions are similar to payment intermediaries, however, they pass on the net amount to the retailer, after deducting the operating fees. The main advantage is the simplification of payment processes and the offer of multiple card brands.
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