A payment service provider (PSP) offers services for making or receiving payments. It can be a bank, payment institution or electronic money institution.[1] In ecommerce, PSP often refers to the provider exposing multiple payment methods. A gateway is a technical function rather than necessarily the entire service.[2]
Compare the functions actually covered: acceptance, refunds, reporting and payouts can be arranged differently. Establish who settles funds and handles failures. A long list of methods says little about integration with order accounting. This definition does not confirm any particular provider's licensing or availability.
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Compiled with AI assistance using public sources. General explanation, not individual legal or tax advice. Describing a concept does not mean Zoloo offers it as a feature.