Citigroup is making a bigger push into India, partnering with Indian digital payments company Paytm to launch a credit card. As Reuters reported on Tuesday (May 14), the Paytm First Card will give Indian consumers 1 percent cash back on all transactions. For Paytm, the...
Wirecard is thinking about buying back shares in the wake of a partnership with Japan’s SoftBank Group, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Visa, the payments company, announced Wednesday (May 8) that it has acquired Earthport, a cross-border payment company catering to banks, money transfer services providers and businesses around the world. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock...
Payment technology companies Midigator and Stripe have joined forces to streamline the entire payment lifecycle, from transaction to chargeback response, the companies said in a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
NCR, an Atlanta-based payments technology company, has acquired Texas P.O.S., a Houston-based provider of point-of-sale (POS) solutions for restaurants and merchants, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Bank of America Merchant Services announced Monday (May 6) a partnership with Recurly, which runs an enterprise subscription management platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Indian budget hotel startup OYO, which is backed by companies like Airbnb, SoftBank and Didi, has acquired @Leisure Group from Axel Springer for around $415 million (€369.5 million), according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Flipkart, the Indian eCommerce company owned by Walmart, is reportedly in discussions to acquire Namdhari’s Fresh, a grocery store in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The path to the payments deal started about three or four years ago when Adam Bloomston, CEO of Payscape, and Thomas Nitopi, CEO and founder of NXGEN, first met. As they talked about their respective payment services firms, they realized, in Bloomston’s words, “that both...
