All You Need to Know About Payment Aggregators in 2023

 

Payment Aggregators take client payments, aggregate them, and then transmit them to merchants after a predetermined time period by deducting the pre-decided percentage of amount. Payment aggregators may also provide services such as the generation of settlements by netting money received by merchants accepted by them. These companies aid in the processing and completion of payments by acting as a link between consumers on one side and merchants on the other.