Adyen
Encyclopedia
Adyen is a Payment Service Provider
(PSP) offering outsourced payment and fraud control services for the mid-corporate to enterprise market.
Its services include payment processing, payment routing, real-time fraud control and full reconciliation.
Credit card payments are processed on Interchange Plus
basis, where the merchant can see for every transaction the exact cost price (interchange fee
) attracted from the credit card networks.
Used by Offers website Groupon UK (My City Deals), so may appear on your credit card statement.
Payment Service Provider
A payment service provider offers merchants online services for accepting electronic payments by a variety of payment methods including credit card, bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking...
(PSP) offering outsourced payment and fraud control services for the mid-corporate to enterprise market.
Its services include payment processing, payment routing, real-time fraud control and full reconciliation.
Credit card payments are processed on Interchange Plus
Interchange Plus
Interchange Plus is the common name for a pricing structure for accepting credit card transactions by merchants.The Interchange fee is an important factor in determining the actual cost of accepting creditcards....
basis, where the merchant can see for every transaction the exact cost price (interchange fee
Interchange fee
Interchange fee is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card based transactions. Usually it is a fee that a merchant's bank pays a customer's bank however there are instances where the interchange fee is paid from the issuer to...
) attracted from the credit card networks.
Used by Offers website Groupon UK (My City Deals), so may appear on your credit card statement.