Which of the following is an example of a payments processor?

Boost your career with the ETA Certified Payments Professional (CPP) Exam. Learn with flashcards and multiple choice questions, including hints and explanations. Prepare for your success!

A payments processor is a company or organization that handles the transactions between a merchant and the consumer, ensuring that the payment is processed efficiently and securely. The correct choice, Global Payments, is a well-known payments processing company that provides a range of services including credit card processing, mobile payments, and e-commerce solutions. Their infrastructure and technology facilitate the authorization of payments, making them a key player in the payments ecosystem.

On the other hand, the other options listed are primarily financial institutions, specifically banks, that offer traditional banking services. While they do have payment processing capabilities, their main function is not centered around payments processing as their primary business model. Therefore, Global Payments stands out as the quintessential example of a payments processor due to its specialized focus and range of services in the payment processing space.

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