- Payment Aggregation and Acquiring Models typically does not require a separate merchant account since PXP handles the payouts. If you need payment settlements in multiple currencies, you will need multiple bank account numbers to receive the funds.
- Payment Gateway often require a dedicated merchant account with the respective payment providers or acquiring banks to manage transactions.
Articles in this section
- What happens if there’s a technical issue during a transaction in each model?
- How do I ensure compliance with regulations for each payment model?
- What payment methods are supported in each payment model?
- Which payment model is the fastest to set up?
- What support do you provide if I face issues with payments or settlements?
- How do I handle chargebacks or payment disputes with each payment model?
- Do I need a separate merchant account for each payment model?
- Are there any geographical limitations with different payment models?
- Can I have both Payment Gateway Model and Payment Aggregation Model?
- Can I switch between payment models as my business grows?
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