Payment Service Provider in Europe
13 providers listed on TreasuryMap
A Payment Service Provider (PSP) is a third-party company that allows businesses to accept electronic payments such as credit and debit card payments. PSPs act as intermediaries between those who make payments (consumers) and those who accept them (retailers/merchants). They will typically offer merchant services and act as a payment gateway or payment processor for e-commerce and brick-and-mortar businesses. They may also offer risk management services for card and bank-based payments, transaction payment matching, digital wallets, reporting, fund remittance, currency exchange (hedging), exotic cross-border transfers and fraud protection.
Why PSP matters for corporate treasurers
For treasuries supporting e-commerce, marketplaces or international sales, the PSP is where money actually enters the business. The choice affects acceptance rates, FX cost, settlement speed, cross-border reach and fraud exposure, so it belongs on the treasury risk register.
What to look for when choosing
- Acceptance methods and geographic reach
- FX handling and cross-border cost
- Settlement speed and reconciliation
- Fraud prevention and chargeback management
- Fees: transaction, FX margin and hidden costs
- Integration with your ERP or TMS and reporting
Payment Service Provider providers
3S MoneyLondon
AlipayHangzhou, China
BGL BNP PARIBAS60, avenue J. F. Kennedy, L-1855 Luxembourg.
EburyUK
MasterCardUSA
PayPalUSA
Stone XNew York
SwiftBelgium
TransferMate Global PaymentsKilkenny, Ireland
TRESO2 - Pytheas CapitalFrance
VisaUSA
Viva.comMarousi, Attica
WorldlineFrancePayment Service Provider: frequently asked questions
What is a Payment Service Provider (PSP)?
A PSP is a third party that lets businesses accept electronic payments such as card and bank-based payments. It acts as an intermediary between payers and the merchant, providing the payment gateway or processor plus related services.
How is a PSP different from a bank?
A bank holds accounts and settles funds; a PSP focuses on accepting and processing payments across many methods and often many countries, adding gateways, fraud tools, FX and reporting. Many companies use both together.
When does a corporate treasury need a PSP?
Whenever the business accepts payments online or across borders, for example e-commerce, marketplaces or international sales. The PSP is where money enters the business, so it belongs on the treasury risk register.
What should treasurers evaluate in a PSP?
Acceptance methods and geographic reach, FX handling and cross-border cost, settlement speed and reconciliation, fraud and chargeback management, the full fee stack including FX margin, and integration with the ERP or TMS and reporting.