VISA MASTERCARD UNIONPAY MIR GooglePay ApplePay Acquiring for Ecommerce. CONNECTUM is an Authorized Payment Institution, founded in the United Kingdom and regulated by the Financial Conduct Authority since 2014. UK FCA registration No. 624117. Principal Acquirer Membership in: VISA, Mastercard, MIR payment systems, an Acquiring Only Principal Membership in UnionPay for SEPA region. CONNECTUM offers a powerful payment processing system for various EEA companies working in E-commerce. Stable secure Internet banking and payment gateway help merchants easily accept multiple payments from customers worldwide. We keep decent rates for our services thanks to our direct connections to the largest payment providers.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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