PYMNTS-MonitorEdge-May-2024

payment processors

How PayFacs Use Payments to Reshape the Digital Economy
How PayFacs Use Payments to Reshape the Digital Economy
January 23, 2024  |  Digital Payments

Payment facilitators, or PayFacs, quietly lead a revolution at the heart of the digital economy. At the center of this shakeup lies embedded finance, encompassing...

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Payment Processors’ Data Analytics Key to Attracting Retail Clients
Payment Processors’ Data Analytics Key to Attracting Retail Clients
December 05, 2023  |  SMBs

Most small- to medium-sized businesses (SMBs) across industries use some kind of payment processor. The most common providers are PayPal, Square and Shopify, which are...

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Payment Processors Adapt Strategies to Woo Main Street SMBs
Payment Processors Adapt Strategies to Woo Main Street SMBs
November 24, 2023  |  B2B Payments

Small-to-mid-sized businesses (SMBs) on the main streets of the United States heavily rely on payment processors to facilitate their transactions. While PayPal and Square dominate...

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Bundling Services With Payments Helps Processors Win With Small Businesses
Bundling Services With Payments Helps Processors Win With Small Businesses
October 30, 2023  |  SMBs

The world of payment processing plays a crucial role in the operations of small- to medium-sized businesses (SMBs). That payment processor landscape, particularly for Main...

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59% of Small Businesses Would Switch to Cheaper Payment Processors
59% of Small Businesses Would Switch to Cheaper Payment Processors
September 29, 2023  |  SMBs

Small to midsized businesses (SMBs) on Main Street, U.S.A., view their payment processors favorably. With 85% of SMBs satisfied with their processor, those seeking to...

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Mastercard’s Cease-and-Desist Letters Halt Cannabis Debit Card Transactions
Mastercard’s Cease-and-Desist Letters Halt Cannabis Debit Card Transactions
July 26, 2023  |  Mastercard

Mastercard has told payment processors and banks to stop allowing marijuana transactions on its debit cards. Following cease-and-desist letters sent by Mastercard last week, companies...

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Fed Tightens Rules on Card-Not-Present Debit Transactions
Fed Tightens Rules on Card-Not-Present Debit Transactions
October 03, 2022  |  Regulation

The Federal Reserve’s Board of Governors said Monday (Oct, 3) that it was officially ending so-called network exclusivity and would instead require all debit card...

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Why Merchants May Need Multiple Processing Relationships
Why Merchants May Need Multiple Processing Relationships
July 18, 2019  |  Retail

FinTech firms are keeping tabs on the optimization curve of eCommerce merchants — and how their payments needs evolve. Merchants might start with an off-the-shelf...

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Visa, AmEx, Mastercard Face Antitrust Charges In Brazil
Visa, AmEx, Mastercard Face Antitrust Charges In Brazil
November 18, 2018  |  VISA

Visa, American Express and Mastercard are among the payment companies that are the subject of an inquiry by Brazilian regulators. According to a report in Bloomberg...

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