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

Visa Takes VisaNet To Argentina

Visa Takes VisaNet To Argentina
Visa Takes VisaNet To Argentina
January 29, 2019  |  Digital Payments

Visa has launched a new ePayment processing system called VisaNet in Argentina, the company announced on Tuesday (Jan. 29). Get the Full Story Complete the...

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Fiserv Snaps Up First Data In $22B All-Stock Deal
Fiserv Snaps Up First Data In $22B All-Stock Deal
January 16, 2019  |  Partnerships

Fiserv, the financial services firm, announced on Wednesday (Jan. 16) that it would buy First Data, the payments processor, in a deal valued at $22...

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PayPal, HP Team On New POS
PayPal, HP Team On New POS
January 11, 2019  |  Point of Sale

In a move to target small and medium-sized businesses and hospitality companies, HP has announced it has teamed up with PayPal to release what it...

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Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
January 09, 2019  |  Partnerships

Build or buy — or how about buy, then build? Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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SWIFT gpi Used For More Than Half Of Cross-Border Traffic
SWIFT gpi Used For More Than Half Of Cross-Border Traffic
December 18, 2018  |  Real-Time Payments

SWIFT said Tuesday (December 18) that its SWIFT gpi payment service is being used for more than half of SWIFT’s cross-border traffic. Get the Full Story...

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JetPay Payment Processing Goes Live Via NCR
JetPay Payment Processing Goes Live Via NCR
December 12, 2018  |  Payment Methods

Urban Eatz in Richardson, Texas, has become the first NCR customer to use JetPay payment processing through its point-of-sale (POS) software. Back in October, NCR...

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Braintree Marks Five Years With PayPal, Talks Of Next-Phase Mobile Transformation
Braintree Marks Five Years With PayPal, Talks Of Next-Phase Mobile Transformation
December 07, 2018  |  Mobile

The past is prologue, right? What has happened before sets the stage. Some famous English writer in the olden days wrote something along those lines....

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How AP Automation Goes Beyond Cost-Cutting For Businesses Willing To Change
How AP Automation Goes Beyond Cost-Cutting For Businesses Willing To Change
November 16, 2018  |  B2B Payments

By its very nature, accounts payable (AP) is a cost center: It’s where money leaves the enterprise, after all. However, as with so many back-office...

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