Fully customizable fraud scrubbing, real time comprehensive reporting, payment forms, shopping carts and customer service policies. Merchant owns and has control over all customer data and settings.
IPSP sets your scrubbing, customer service policies, standard reporting, and displays their name on payment forms and customer's statement. Merchant has no control or rights to customer data.
Minimal control over fraud scrubbing and standardized reports. If gateway company offers customer service it is typically an outsourced solution.