Resumen
ICEPAY is a payment service provider (PSP) that connects businesses to online payments and payment acceptance. The company gives no further detail in its public description.
What a PSP does
A payment service provider takes care of the technical side of collecting money:
- a payment page or widget on the website;
- passing payment data to banks and payment systems;
- transaction records and reporting in a dashboard;
- paying collected funds out to the merchant.
For a web store, it is a way to add several payment methods under one contract instead of negotiating with each bank and payment system separately.
Who it is for
The description does not restrict industries or countries. Such a service is primarily for online sellers and services that take payment on a website or in an app.
What to clarify
Fees, the list of payment methods, onboarding countries and integration options are not listed. To judge whether the provider fits, ask:
- which methods are available to your buyers;
- whether there are plugins for your CMS or an API;
- how often and in which currency funds are paid out.
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