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What is the most popular type of transaction? Of course, B2B payments! B2B (business-to-business) is a business relationship model in which one company provides goods or services to another company. And can you imagine how many companies there are in the world! And all these legal entities require a reliable system that allows them to pay their partners safely. It is about such solutions that we will talk in this article!

Businesses need simple and secure payment solutions. And it doesn't matter — it's an e-commerce site, a mobile app, you still need to secure payments. And to make it so that customers can pay for goods quickly and conveniently. There are two solutions for this — payment gateways and payment Service Providers (PSPs). They perform different functions and offer unique advantages. Which ones? Let's figure it out in this article!

A payment gateway provides authorization and payment processing in regular stores and on digital platforms. The main function of the payment gateway is to create a safe and reliable mechanism for conducting financial transactions. Confidential data is encrypted and securely transferred between the client and the bank. This is a convenient way to share information that is needed to complete a transaction. Also, you can find [companies catalog](https://payatlas.com/atlas) with payment gateway services on our website.