In reply to Travis Zessin.

Yes, you are correct in your technical and global definition of a “Processor” in terms of the direct relationship with the card association. PayPal and Stripe are not acting members of the card association and do not have access to the interchange networks. But you corrected the writer by stating that PayPal and Stripe are Gateways. My point was to clarify that PayPal does not technically operate like your standard Gateway in that it consumes the process by setting up the merchant facility, and charges a tiered rate of volume + per transaction… much the same pricing schematics as dealing with Chase Paymentech directly (i.e. tiered rate $10 - $3,000 volume = $0.24 + 1.79%)… but without the hassle of
establishing the Gateway/Processor relationship initially (process could take
2-4 weeks) as well as avoid the additional fees entailed with an online merchant (i.e. establishment fees, annual fees, monthly fees, etc) which encompass the Gateway/Processor relationship. So in terms of the writer explaining to the Layman, PayPal and Stripe are both very well-known Payment “providers” and will be setup and operate similar as if the customer already had a relationship with a “Processor” like Paymentech.

So to your point, and to be “technically” clear, then the writer should have used
the term “Payment Provider” to encompass all Gateways, Processors and payment Service Providers required for Apple Pay. But I’m pretty sure most who read the article understood what he was saying.