Network International will launch a new payment acceptance solution for merchants in Egypt. The company announced on Thursday (Feb. 7) that it has received approval from the Central Bank of Egypt to launch its new “direct-to-merchant” service in the country, enabling businesses to accept electronic...
Payments firm Worldline on Thursday (June 30) said it has completed its previously announced acquisition of 80% of Eurobank Merchant Acquiring, which holds a 21% share of Greece’s merchant services business. Merchant acquiring services, sometimes called just acquiring services, process card payments for businesses, including...
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 Systems, tells Karen Webster that, even in the age of financial service megadeals, the processing space should be ruled by...
U.K. bank NatWest is starting a merchant acquiring service for small to medium-sized businesses (SMBs), according to reports. The venture is called NatWest Tyl and it’s in direct competition with Worldpay, which parent company RBS was forced to sell by the government as a condition...
February 29, 2024
The news that Capital One has launched a $35 billion bid to acquire Discover Financial has shaken up the financial services industry. Jim McCarthy, CEO of Thredd, told Karen Webster that speculation over what the combo of the two credit card giants might mean — should regulators let the deal go through — “is what’s […]
May 24, 2019
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 Systems, tells Karen Webster that,...
April 04, 2017
In Asia, banks looking to serve the burgeoning number of new merchants are faced with unraveling and retooling any number of antiquated processes, like using fax machines to send data...
February 09, 2023
Network International will launch a new payment acceptance solution for merchants in Egypt. The company announced on Thursday (Feb. 7) that it has received approval from the Central Bank of Egypt to launch its new “direct-to-merchant” service in the country, enabling businesses to accept electronic payments from their customers online and at the point of […]
June 30, 2022
Payments firm Worldline on Thursday (June 30) said it has completed its previously announced acquisition of 80% of Eurobank Merchant Acquiring, which holds a 21% share of Greece’s merchant services...
May 02, 2019
U.K. bank NatWest is starting a merchant acquiring service for small to medium-sized businesses (SMBs), according to reports. The venture is called NatWest Tyl and it’s in direct competition with...
June 13, 2018
Wells Fargo Merchant Services has decided to simplify the prices it charges small businesses (SMBs) to accept credit and debit card transactions to compete with startups like Square. According to...
