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

Square Rolls Out Square For Retail For Payment Processing
Square Rolls Out Square For Retail For Payment Processing
February 09, 2017  |  Retail

Square, the payment processing company, launched a new tool on Wednesday (Feb. 8) for the retail industry. In a blog post, Square said that it has learned...

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Sage Is Mulling A Sale Of Its US Payment Processing Unit
Sage Is Mulling A Sale Of Its US Payment Processing Unit
January 27, 2017  |  Payment Methods

Sage Group, the U.K. software company, is launching a review of the company’s payments business and is mulling a sale of the U.S. arm of...

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TSYS Renews Long-Term Payments Processing Contract With BBVA Compass
TSYS Renews Long-Term Payments Processing Contract With BBVA Compass
January 23, 2017  |  Partnerships / Acquisitions

TSYS, the payments processing company, announced Friday (Jan. 20) it has inked a long-term renewal of its payment services agreement with BBVA Compass in which...

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ACI Updates UP Immediate Payments To Access All Payment Schemes
ACI Updates UP Immediate Payments To Access All Payment Schemes
January 19, 2017  |  Payment Methods

ACI Worldwide, a provider of real-time electronic payment and banking solutions, announced Wednesday (Jan. 18) the newest version of its UP Immediate Payments solution. In...

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YapStone Appoints Michael Gramz Chief Risk Officer
YapStone Appoints Michael Gramz Chief Risk Officer
December 12, 2016  |  Payment Methods

YapStone, a provider of online and mobile payment solutions, announced Friday (Dec. 9) the appointment of new Chief Risk Officer Michael Gramz. YapStone said in...

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TSYS Inks Debit Processing Services Deal With Virgin Money
TSYS Inks Debit Processing Services Deal With Virgin Money
December 01, 2016  |  Partnerships / Acquisitions

TSYS announced Wednesday (Nov. 30) it has reached a long-term agreement to provide debit processing services for Virgin Money customers within the United Kingdom. In...

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RedIron Integrates Into Cayan’s Genius Platform
RedIron Integrates Into Cayan’s Genius Platform
October 28, 2016  |  Partnerships / Acquisitions

Cayan, a payment technology company, announced Thursday (Oct. 27) a partnership with RedIron Technologies Inc., a player in retail commerce innovation. RedIron has integrated to Cayan’s Genius Platform,...

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TSYS Inks Payment Agreement With Optal Financial
TSYS Inks Payment Agreement With Optal Financial
October 27, 2016  |  Partnerships / Acquisitions

TSYS announced Wednesday (Oct. 26) that it has signed a payments agreement with Optal Financial Limited, one of Europe’s leading virtual card issuers. Under the agreement,...

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