CardPayment Services

The term "CardPayment Services" refers to a type of financial services provider, often called a Payment Service Provider (PSP) or Merchant Services Provider. These companies supply businesses with the necessary hardware (card terminals), software (payment gateways), and financial accounts (merchant accounts) to process credit and debit card transactions from customers, both online and in-person. Their mission is typically to facilitate secure, fast, and reliable payment processing, bridging the gap between merchants, customers, and financial institutions like Visa, Mastercard, and acquiring banks.