Payment Processing news and trends

Nuvei Teams Up With BigCommerce on Customized Payment Solutions
Payments Innovation // October 22, 2024

Canadian FinTech Nuvei has announced a partnership with open software-as-a-service (SaaS) eCommerce platform BigCommerce that it says will globally enable customizable payment solutions that were previously only available to large enterprise companies. According to a press release on Tuesday (Oct. 22), the integration of the...

Mastercard and KaiOS Partner on Payment Acceptance in Emerging Markets
Partnerships // September 25, 2024

Mastercard and KaiOS have partnered to offer affordable payment acceptance devices to small- to medium-sized businesses (SMBs) in emerging markets. The companies will begin offering the devices to SMBs in Cote d’Ivoire and Nigeria and then expand across Africa and beyond, they said in a Wednesday...

Payroc Expands Payment Solutions With Acquisition of I3 Verticals’ Merchant Services Business
Acquisitions // September 23, 2024

Payment platform Payroc has completed its previously announced acquisition of the merchant services business of i3 Verticals. With this acquisition, which was announced in June, Payroc will provide payment solutions to a broader range of partners and merchants, the company said in a Monday (Sept. 23) press release....

NCR Voyix: Community Banks Have Data and Technology to Help SMBs Thrive
Banking // September 11, 2024

Small and medium-sized businesses (SMBs) need help with digital transformation and financial management in an uncertain business environment, and community banks and credit unions should see this as an opportunity that conservative estimates place north of $150 billion. “Let’s go back to times of crisis...

Interviews & Exclusives
PayPal Sees Jump in Transactions Per Account as Fastlane Checkout Boosts Conversions

April 30, 2024
PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total payment volumes were up 14% to $403.9 billion in the quarter, the company said in its most recent earnings supplementals, released Tuesday (April 30). Active accounts were up 0.4%, adding […]

White-Label Payments Infrastructure Gains Favor With Merchants

April 03, 2024
When it comes to payment solutions, merchants today have a growing number of options. But all the options in the world don’t translate to business success, and the integration of...

Suppliers Recast the Definition of B2B Loyalty

August 10, 2023
Shawn Cunningham, managing vice president and head of Capital One’s trade credit operations, told PYMNTS in a recent interview that it’s time for companies to re-think B2B loyalty. When it...

AWS’ New Cryptographic Solution Promises Secure Payment Processing in the Cloud

June 13, 2023
Although an increasing number of payment companies are transitioning their workloads to the cloud, the use of manual, on-premises payment hardware security modules (HSMs) — physical computing devices designed to...

Quick Reads
Nuvei Teams Up With BigCommerce on Customized Payment Solutions

October 22, 2024
Canadian FinTech Nuvei has announced a partnership with open software-as-a-service (SaaS) eCommerce platform BigCommerce that it says will globally enable customizable payment solutions that were previously only available to large enterprise companies. According to a press release on Tuesday (Oct. 22), the integration of the Nuvei for Platforms solution and BigCommerce is aimed at offering […]

Mastercard and KaiOS Partner on Payment Acceptance in Emerging Markets

September 25, 2024
Mastercard and KaiOS have partnered to offer affordable payment acceptance devices to small- to medium-sized businesses (SMBs) in emerging markets. The companies will begin offering the devices to SMBs in Cote...

Payroc Expands Payment Solutions With Acquisition of I3 Verticals’ Merchant Services Business

September 23, 2024
Payment platform Payroc has completed its previously announced acquisition of the merchant services business of i3 Verticals. With this acquisition, which was announced in June, Payroc will provide payment solutions to a...

PayPal and Shopify Expand Payments Processing Pact

September 09, 2024
PayPal says it is expanding its partnership with eCommerce company Shopify. With this new collaboration, PayPal will become an additional online credit/debit processor for Shopify Payments via the PayPal Complete Payments...