payment processing

A payment processor is a company appointed by a merchant to handle transactions from various channels such as credit cards and debit cards for merchant acquiring banks. They are usually broken down into two types: front-end and back-end.

Source: en.wikipedia.org

Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS

Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS
Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS
February 05, 2020  |  Payment Methods

Australian regulators are considering whether it is necessary to stop banks from automatically routing “tap and go” card payments through Visa and Mastercard, when retailers...

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JPMC Opens eWallet So Tech Firms Can Offer Virtual Bank Accounts
JPMC Opens eWallet So Tech Firms Can Offer Virtual Bank Accounts
November 06, 2019  |  Banking

JPMorgan Chase developed an eWallet product for tech companies like Airbnb, Lyft and Amazon designed to help them provide customers with virtual bank accounts, Bloomberg...

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Commercial Cards, B2B Payments Get A Lift During Earnings Season
Commercial Cards, B2B Payments Get A Lift During Earnings Season
November 04, 2019  |  B2B Payments

Earnings results showed continued uptake in commercial card issuance and use, here and abroad, as WEX, Mastercard and Visa reported earnings and strong B2B growth....

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Bitcoin Daily: Zamna Blockchain Travel Verification Firm Raises $5M; Crypto Capital Exec Arrested For Laundering Drug Money
Bitcoin Daily: Zamna Blockchain Travel Verification Firm Raises $5M; Crypto Capital Exec Arrested For Laundering...
October 27, 2019  |  Bitcoin

Zamna announced that it has raised a $5 million seed funding round led by LocalGlobe and Oxford Capital. Get the Full Story Complete the form...

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Payroc Combines With NXGEN, Payscape, BluePay Canada To Serve 46 Countries
Payroc Combines With NXGEN, Payscape, BluePay Canada To Serve 46 Countries
October 27, 2019  |  Partnerships

Payroc announced that it has merged with Payscape, NXGEN and BluePay Canada to create a combined enterprise with increased capabilities, Payroc said in a press release...

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Kabbage Steps Into SMB Payment Processing
Kabbage Steps Into SMB Payment Processing
October 25, 2019  |  B2B Payments

Alternative small business (SMB) lending company Kabbage is entering the payments space in an effort to support small business cash flow. Get the Full Story...

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Survey: US Retailers Face Fraud, Currency Barriers In Global Online Sales
Survey: US Retailers Face Fraud, Currency Barriers In Global Online Sales
October 25, 2019  |  Retail

A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and payment processing. Get...

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simPRO Taps Square To Power Field Service Payments
simPRO Taps Square To Power Field Service Payments
October 24, 2019  |  Partnerships

Business management cloud solutions simPRO announced that it is partnering with Square to provide payment processing options to field service professionals, according to a press...

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