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Payment service provider. A payment service provider ( PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. [1]
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Paysafe Limited (formerly known as Optimal Payments PLC) is a multinational online payments company. [8] Paysafe offers payment processing, digital wallet and online cash systems to businesses and consumers, with particular experience of serving the global entertainment sectors. [9] The group offers services both under the Paysafe brand and ...
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Pay in lieu of notice. In United Kingdom labour law, payment in lieu of notice, or PILON, is a payment made to employees by an employer for a notice period that they have been told by the employer that they do not have to work. Employees dismissed for gross misconduct are not entitled to be paid their notice, unless stated otherwise within ...
iPayment Reports Financial Results for Three Months and Twelve Months Ended December 31, 2012 NEW YORK--(BUSINESS WIRE)-- iPayment Holdings, Inc. ("Holdings") and iPayment, Inc. ("iPayment" or the ...
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