TSP – trade and service enterprise.
TSP refers to stores or other retail outlets that sign a contract with the acquirer to accept payment cards as a means of payment for the goods or services provided. Under the agreement, the acquirer places card acceptance equipment on the territory of the TSP, which includes POS terminals, routers, modems, imprinters, etc. The acquirer undertakes to accept transactions on payment cards from the installed equipment and to carry out further calculations on the performed operations, for which he receives a commission from the merchant for each performed operation. The TSP has the right to host POS terminals of several acquirers, which increases the probability of successful completion of the card operation in case of possible problems on the side of one of the acquirers. In practice, the choice of the acquirer depends on the reliability of the operations carried out and on the amount of the service fee charged by it. The reliability or success of the operations carried out does not alw
