Providers and rails

Provider

A bank, payment provider, lender, card issuer or specialist service connected to a network.

A provider is an institution that supplies a financial capability: a bank holding accounts, a payment provider moving money, a lender offering credit, a card issuer, a foreign exchange provider, an identity service or a point-of-sale acquirer. In a federated network providers are interchangeable parts of the environment, so the organisation's product stays consistent.

This term is featured on on 15 October 2026.

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