PSP (Payment Service Provider)
Entities that process payments, such as banks, fintechs, and third-party providers. PSPs face high AML risk due to transaction volumes and cross-border activity. In the EU, PSPs are regulated under PSD2.
Entities that process payments, such as banks, fintechs, and third-party providers. PSPs face high AML risk due to transaction volumes and cross-border activity. In the EU, PSPs are regulated under PSD2.