What's a payment processor? Payments explained

The card payments world is full of specific terms that overlap and can be difficult to understand.

‘Payment processor’ and ‘payment gateway’ are two examples that often get confused with each other. They fall into the black box of payments, somewhere between a customer making a payment and the money landing in the business’s bank account.

In this article you will learn about: 

• What is a payment processor?

• What’s the difference between a payment gateway and a payment processor?

• How payment processing works as a whole.

• Where does Adyen fit in?