A Third Party Provider (TPP) is a service provider for both Payment Service users Users (PSUs), and Account Servicing Payment Service Providers (ASPSPs). A TPP provides an interface for the PSU to allow and manage transactions from the ASPSP. TPP Onboarding is a process in WSO2 Open Banking to secure the data flow between the ASPSP and the TPP. The TPP is verified by a competent authorised body. Therefore, the ASPSP can identify and authorise the TPP with TPP Onboarding. There are two methods for TPP Onboarding:
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