Payment Service Provider
Payment Service Providers are a crucial part of the infrastructure that allows Scan & Go to flourish. These companies specialise in facilitating online transactions, allowing retailers to safely accept a wide range of online payment methods. These may include traditional online banking and debit/credit cards, international providers such as Worldpay, or more recent innovations such as PayPal, and e-wallets. Beyond just offering a transaction point, a full-service PSP also offers risk management and fraud protection, which can give both retailers and customers peace of mind, knowing that their payments are fully covered. MSCO solutions tend to partner with Payment Service Providers to ensure that they offer customers a safe and secure way to pay.