Commerce Services Provider (CSP)
Definition - What does Commerce Services Provider (CSP) mean?
Commerce services providers (CSP) supply businesses with application tools designed to help them sell their services and products online. CSPs provide Web platforms that allow their customers to sell products or services.
A CSP may also be known as an e-commerce service provider.
Techopedia explains Commerce Services Provider (CSP)
CPSs provide a range of secure services to their clients, which include everything from product catalog management to online payment processing. Many also ensure online security and deal with other tasks like data backup and transaction processing. Many online business owners find hiring a CPS very advantageous because it allows them to focus on other duties other than the laborious aspects of selling online.