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Online Payment
1. Internet Merchant Account
An IMA can be set up with a bank or Internet company and is an agreement to allow a business to accept credit / debit card payments. This type of account is separate from your normal business account.
2. Payment Service Provider
A PSP or payment gateway is a service which ensures customer credit / debit card details are passed securely from your website to the bank (or company) where your IMA is held. From here, the PSP then passes these details to the card holder’s bank to authorise payment. PSP services are offered by both banks and internet companies. Both these services are offered by both banks and internet companies.
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PSP Provider |
PSP Product |
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For more details about ePDQ extra plus please see the Barclay card website. |
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The majority of providers support these cards as standard:
