The term TPPSP stands for:
Third-party payment service providers
TPSP is a financial term which stands for Third-party payment service providers are third-party providers -TPP that specialize on payment services in compliance with the PSD2 regulation. The term TPPSP includes payment initiation services – PISP and account information services – AISP. Using the account holder’s personal access data, both types of service providers gain access to the account holder’s payment account. Payment initiation services initiate transfers to third parties, while account information services query the account balance and(or) transactions.
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