##  [Payment Service Provider](/index.php/payment-service-provider) 

  ##  [Payment Service Provider](https://social.quantumdictionary.io/payment-service-provider-0) 

  

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**Social Sciences Dictionary**

 







 

 

 

 



 

 

 

 

Definition

A commercial entity that provides the technical, contractual and operational infrastructure enabling merchants and other payees to accept, route and settle electronic payment transactions across one or more payment methods (for example, card networks, bank transfers, e‑wallets or ACH), including merchant onboarding, transaction authorization and capture, clearing and settlement, reconciliation and