PSP (Payment Service Provider)
A Payment Service Provider license authorizes a company to execute payment transactions, acquire payment instruments, operate payment accounts, and connect merchants to card schemes and local payment rails. PSPs sit at the centre of the payments value chain, enabling online checkout, point-of-sale acceptance, and account-to-account transfers for businesses of every size.
PSPs operate under strict prudential and conduct rules covering safeguarding of customer funds, transaction monitoring, fraud prevention, and AML/KYC obligations. The license is ideal for acquirers, gateways, and platforms that need to process payments at scale while remaining fully compliant across the jurisdictions in which they operate.
