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

simPRO Taps Square To Power Field Service Payments
simPRO Taps Square To Power Field Service Payments
October 24, 2019  |  Partnerships / Acquisitions

Business management cloud solutions simPRO announced that it is partnering with Square to provide payment processing options to field service professionals, according to a press...

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Wirecard Again Facing Accounting Fraud Allegations
Wirecard Again Facing Accounting Fraud Allegations
October 16, 2019  |  B2B Payments

Germany-based Wirecard is once again facing allegations of accounting fraud by the Financial Times (FT). The FT reported this week that its review of internal...

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Bottomline Takeover Raises New Concerns With UK Competition Regs
Bottomline Takeover Raises New Concerns With UK Competition Regs
October 09, 2019  |  B2B Payments

The U.K. Competition and Markets Authority (CMA) is raising new concerns about Bottomline Technologies’ acquisition of Experian Payments Gateway (EPG), warning in a press release...

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Europe’s Checkout.com Awarded License For French Payments
Europe’s Checkout.com Awarded License For French Payments
September 25, 2019  |  Digital Payments

Payment processor Checkout.com has been awarded a license as an E-money institution in France, according to a release by the company. The Autorité de Contrôle...

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BharatPe Lands $50M, Connects SMB Merchants With Suppliers
BharatPe Lands $50M, Connects SMB Merchants With Suppliers
August 27, 2019  |  B2B Payments

Four months after announcing a $15.5 million fundraise, India-based FinTech BharatPe revealed new funding for its solution aimed at small businesses. TechCrunch reported Monday (Aug....

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Adyen Gains Traction With Mid-Market Firms
Adyen Gains Traction With Mid-Market Firms
August 22, 2019  |  Earnings

Adyen, the Dutch payments processor, posted first-half results on Thursday (Aug. 22) that showed double-digit percentage gains in volumes, driven by online commerce and increased...

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Finexio, Payscout Join AP, AR Payment Services
Finexio, Payscout Join AP, AR Payment Services
August 15, 2019  |  B2B Payments

Accounts payable solution provider Finexio is collaborating with payment processing firm Payscout to enhance B2B payments services. In a press release Wednesday (Aug. 14) Finexio...

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UnitedHealth Will Pay $3.2B For Payments Co Equian
UnitedHealth Will Pay $3.2B For Payments Co Equian
June 21, 2019  |  Partnerships / Acquisitions

UnitedHealth Group, the parent company of the largest U.S. health insurer, UnitedHealthcare, will purchase healthcare payments company Equian for around $3.2 billion, according to a...

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Stripe Makes Terminal Available Across The US
Stripe Makes Terminal Available Across The US
June 11, 2019  |  Point of Sale

Stripe has announced that Stripe Terminal, a set of SDKs, APIs, and pre-certified card readers that lets users accept in-person payments, is now available all...

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