The business-to-business (B2B) payments landscape has undergone two-plus decades of digitization and innovation. And the particularly rapid acceleration of that digitization over just the past few years has wrought significant changes — and brought numerous benefits — to the way businesses transact and move money....
Marqeta’s latest results spotlight continued traction in card issuance, and the company is targeting embedded finance opportunities in the year ahead. The company noted that total processing volume was up 33% year over year in the fourth quarter to $62 billion. CEO Simon Khalaf said...
Global Payments, a U.S.-based payment processing company, is reportedly nearing a deal to acquire Takepayments, a British payment services provider, in a move to expand its business abroad. The transaction is expected to value Takepayments at over $250 million, although the details of the deal are...
Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together provide clients with core banking and card-issuer processing capabilities across all product types via cloud-native application programming interfaces (APIs), Visa...
October 17, 2023
The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized business (SMB) retailers are satisfied with their current processors. However, there are opportunities to make a mark with lower transaction fees and differentiated services. These are some of the conclusions […]
August 10, 2022
Welcome to “The Merchants Guide to Accepting Crypto: The Questions to Ask,” a new PYMNTS series aimed at helping merchants, big and small, online and in-store, who want to accept...
February 12, 2018
It took a while but the new Interac debuted earlier this month, bringing together two companies and disparate functions across payments, from transactions to R&D. Interac CEO Mark O’Connell lays...
April 23, 2024
Square has expanded the availability of offline payments to every hardware device, in every country. The company has offered this no-connection-required solution for 10 years on some of its devices, expanding it to a growing number of units over that time, and now offers it across the entire Square hardware lineup, Square said in a Tuesday (April 23) press […]
February 28, 2024
Marqeta’s latest results spotlight continued traction in card issuance, and the company is targeting embedded finance opportunities in the year ahead. The company noted that total processing volume was up...
February 13, 2024
Global Payments, a U.S.-based payment processing company, is reportedly nearing a deal to acquire Takepayments, a British payment services provider, in a move to expand its business abroad. The transaction is...
January 16, 2024
Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together provide clients with core banking...
