Acquiring company or payment aggregator

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An acquiring company (or payment aggregator) is an enterprise that provides services for accepting and processing payments from customers on behalf of businesses and merchants. They act as intermediaries between merchants and banks, providing the infrastructure for electronic payments.

The main functions of payment aggregators:

Payment processing: They provide the technical infrastructure for payments, including verification and authorization of transactions.
Security: Acquiring companies monitor the security of albania email list payments and use encryption and other measures to protect customers' financial data.
Integration: They provide APIs and tools for integration with the payment system in online stores, applications and websites.
Processing multiple payment methods. Acquiring companies support different types of payment methods, including credit cards, debit cards, mobile payments, and e-wallets.

Reporting and analytics: They provide tools for monitoring and analyzing payments, allowing businesses to keep track of and optimize financial operations.
Multicurrency operations. Many acquiring companies support multicurrency operations, which allows businesses to work with clients all over the world.
Help Desk: They provide customer and business support to help resolve payment issues and questions.