Payment Services Providers (PSP)

This Statement of Work (SOW) outlines the scope, deliverables, and responsibilities for the provision of a Payment Service Provider (PSP). The purpose of this agreement is to define the terms under which the PSP will delivered its services and to establish a clear understanding between the parties involved. IOM Online Payment Platform will consist of several components, part of these components will be IOM internal backend systems, the PSP will be the key component that will allow the beneficiaries to make a payment.