Funds, payments & transfers
Payment provider
A company or service that processes or enables payments.
A payment provider is a service that processes or enables payments made using a specific payment method.
Approved short definition: A company or service that processes or enables payments. Example: The payment provider shown in the flow may differ from the payment method you selected. Do not use: Do not use the payment provider’s name as the payment-method name unless that is how the relevant etoro flow labels it. Do not assume that the same provider processes every payment made through a particular method. Aliases / search terms: Payment service provider; payment processor; payments provider; processing provider; PSP; funding provider Related terms: Payment method; Open Banking; Bank transfer; Deposit funds; Withdraw funds
Also known as: Payment service provider, payment processor, payments provider, processing provider, PSP, funding provider