Request an online demo

Get a personalized online demo of Kount's trust and safety technology at a time and date of your choosing.

Resources

Payment Processor

A payment processor shares and receives data from the card brands, acquirer, and gateway in order to process a merchant’s transactions.

The payment processor acts as the go-between for all other entities involved in a transaction.

Receives authorization requests from the gateway and submits them to the issuers via the brands
Receives authorization responses from the issuers via the brands and shares them with the gateway
Receives batches of transactions from the gateway for settlement, sends to the issuers via the brands
Receives retrieval requests and chargebacks from the issuers via the acquirer
Sends chargeback responses to the issuer via the acquirer

Also referred to as:

Third-party processor or third-party payment processor