IPSP PHP SDK
Free and open-source software development kit written in PHP and distributed under the MIT License.
IPSP PHP SDK is a wrapper of Fondy payment protocol REST API and covers e-commerce for businesses of all types and support popular CMS modules for fast integration in existing software architecture.
How Does it Work?
Payment Service Providers partner with Acquiring Banks to offer Merchants the capability to accept payments. Payment Service Providers often offer services in addition to processing transactions.
These services include Payment Card Industry and Data Security Standard (PCI) compliance, fraud protection and the ability to process different currencies and translate different languages.
Payment Service ProviderA payment service provider (PSP) offers shops online services for accepting electronic payments by a variety of payment methods including credit card, bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking. Typically, they use a software as a service model and form a single payment gateway for their clients (merchants) to multiple payment methods. read more
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