PYMNTS-MonitorEdge-May-2024

payment processing

A payment processor is a company appointed by a merchant to handle transactions from various channels such as credit cards and debit cards for merchant acquiring banks. They are usually broken down into two types: front-end and back-end.

Source: en.wikipedia.org

PayPal, HP Team On New POS
PayPal, HP Team On New POS
January 11, 2019  |  POS Innovation

In a move to target small and medium-sized businesses and hospitality companies, HP has announced it has teamed up with PayPal to release what it...

READ MORE >
Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
January 09, 2019  |  Partnerships / Acquisitions

Build or buy — or how about buy, then build? Continuing an acquisitive strategy that seeks to expand integrated payment capabilities, Paya said on Tuesday...

READ MORE >
SWIFT gpi Used For More Than Half Of Cross-Border Traffic
SWIFT gpi Used For More Than Half Of Cross-Border Traffic
December 18, 2018  |  Faster Payments

SWIFT said Tuesday (December 18) that its SWIFT gpi payment service is being used for more than half of SWIFT’s cross-border traffic. In a press release,...

READ MORE >
JetPay Payment Processing Goes Live Via NCR
JetPay Payment Processing Goes Live Via NCR
December 12, 2018  |  Payment Methods

Urban Eatz in Richardson, Texas, has become the first NCR customer to use JetPay payment processing through its point-of-sale (POS) software. Back in October, NCR...

READ MORE >
Braintree Marks Five Years With PayPal, Talks Of Next-Phase Mobile Transformation
Braintree Marks Five Years With PayPal, Talks Of Next-Phase Mobile Transformation
December 07, 2018  |  Mobile

The past is prologue, right? What has happened before sets the stage. Some famous English writer in the olden days wrote something along those lines....

READ MORE >
How AP Automation Goes Beyond Cost-Cutting For Businesses Willing To Change
How AP Automation Goes Beyond Cost-Cutting For Businesses Willing To Change
November 16, 2018  |  B2B Payments

By its very nature, accounts payable (AP) is a cost center: It’s where money leaves the enterprise, after all. However, as with so many back-office...

READ MORE >
Spain’s BBVA, Partners Complete First Blockchain Syndicated Loan
Spain’s BBVA, Partners Complete First Blockchain Syndicated Loan
November 12, 2018  |  B2B Payments

Spain’s BBVA — along with partner banks MUFG of Japan and BNP Paribas of France — completed the first syndicated loan on the blockchain. Last week,...

READ MORE >
WEX Strikes Noventis Acquisition Deal
WEX Strikes Noventis Acquisition Deal
October 24, 2018  |  B2B Payments

Commercial payments company WEX is looking to expand its offering by acquiring one of its partners, Noventis. A press release this week said WEX will...

READ MORE >
NCR To Buy Payment Processing Firm JetPay
NCR To Buy Payment Processing Firm JetPay
October 22, 2018  |  Partnerships / Acquisitions

NCR is expanding further into payments. The U.S.-based firm said Monday (Oct. 22) that it will buy Pennsylvania-based JetPay, “a provider of end-to-end payment processing...

READ MORE >