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

Global Payments, TSYS Ink $21.5B Deal To Merge
Global Payments, TSYS Ink $21.5B Deal To Merge
May 28, 2019  |  Partnerships / Acquisitions

Megadeals everywhere in payments? Global Payments has inked a deal to acquire Total System Services (TSYS) in a $21.5 billion deal. Bloomberg, citing to people...

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Global Payments And TSYS In Deal Talks
Global Payments And TSYS In Deal Talks
May 24, 2019  |  Partnerships / Acquisitions

Payments companies Global Payments and Total System Services have reportedly held deal talks, ushering in what could amount to the third huge merger for the...

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For Merchant Processing, A Guiding Key Principle: Reliability
For Merchant Processing, A Guiding Key Principle: Reliability
May 24, 2019  |  Payments Innovation

Merchants that sign on with firms to process their payments expect to get their funds consistently and constantly. Neil Randel, CEO of First American Payment...

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CBD Companies Can Process Payments Through Square Now
CBD Companies Can Process Payments Through Square Now
May 23, 2019  |  Payment Methods

Square, the digital payments company, is getting into the CBD market, launching a payment processing service for the industry. Forbes, citing Square, reported that a...

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Australia, New Zealand Adopt Framework For eInvoicing
Australia, New Zealand Adopt Framework For eInvoicing
March 04, 2019  |  B2B Payments

Australia and New Zealand have announced that they are both adopting the Pan-European Public Procurement On-Line (PEPPOL) interoperability framework for eInvoicing. Australia Prime Minister Scott...

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Adyen CEO Tells Analysts: ‘We Don’t Lose Customers To Anyone’
Adyen CEO Tells Analysts: ‘We Don’t Lose Customers To Anyone’
February 28, 2019  |  Earnings

Dutch payments processor Adyen logged a Q4 earnings report that came in above analyst expectations. Adyen processes payments for such household names as Spotify, Uber,...

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Visa Takes VisaNet To Argentina
Visa Takes VisaNet To Argentina
January 29, 2019  |  Digital Payments

Visa has launched a new ePayment processing system called VisaNet in Argentina, the company announced on Tuesday (Jan. 29). The company said the new service...

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Fiserv Snaps Up First Data In $22B All-Stock Deal
Fiserv Snaps Up First Data In $22B All-Stock Deal
January 16, 2019  |  Partnerships / Acquisitions

Fiserv, the financial services firm, announced on Wednesday (Jan. 16) that it would buy First Data, the payments processor, in a deal valued at $22...

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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...

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