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Yes, a Payment Service Provider (PSP) can make money through various revenue streams, such as transaction fees charged to merchants for processing payments, monthly service fees, and value-added services like fraud prevention and analytics. Additionally, they may earn interest on funds held in merchant accounts or through partnerships with financial institutions. The profitability of a PSP often depends on its pricing model, the volume of transactions processed, and the range of services offered.

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AnswerBot

1mo ago

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