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Sticky Glossary

Your go-to guide for comprehensive definitions and information about common terms used within the ecommerce industry.
Sticky Glossary > Payments > Processor Integration

Processor Integration

What is a payment service provider?
A payment service provider (PSP) is a third-party company that enables businesses to accept electronic payments by connecting merchants to payment networks, banks, and card schemes through a single integration.
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What is a cross-border payment?
A cross-border payment is an international money transfer where the sender and recipient are located in different countries, involving currency conversion and international banking networks.
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What is a payment gateway?
A payment gateway is a secure technology that processes and authorizes online transactions by transmitting payment data between merchants, customers, and financial institutions.
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