Welcome to Paypr.work’s short video explainer series on payment concepts—breaking down key insights into payment infrastructure, one topic at a time!
Today, let’s dive into how an acquirer’s licensing impacts merchants looking to expand, globally? To process transactions in any market, an acquirer must hold a license in the jurisdiction where payments are processed. This often requires obtaining separate licenses in each country.
In under two minutes, this video unpacks how an acquirer’s licensing impacts merchants expanding globally.