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

Cardstream And Creditcall Team Up To Power Omnichannel Processing
Cardstream And Creditcall Team Up To Power Omnichannel Processing
October 18, 2017  |  Payment Methods

Cardstream and Creditcall have joined forces to free merchants and their acquirers from single-stack payment acceptance solutions. Get the Full Story Complete the form to...

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Apruve Adds Payments Processing Partner To B2B Credit Solution
Apruve Adds Payments Processing Partner To B2B Credit Solution
September 07, 2017  |  B2B Payments

B2B payment processing company Matrix Payment Systems is linking up with AR and buyer credit platform Apruve to streamline cash flow between trading partners. Get...

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Wells Fargo’s Merchant Services Unit In The Spotlight
Wells Fargo’s Merchant Services Unit In The Spotlight
August 14, 2017  |  Legal

Wells Fargo is facing a fresh lawsuit contending the bank’s Merchant Services Unit overcharged small businesses for the payment processing of their credit card transactions....

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WEX Posts 15 Percent Jump In Processing Transactions In Q2
WEX Posts 15 Percent Jump In Processing Transactions In Q2
July 28, 2017  |  Payment Methods

Corporate payment solutions WEX announced news of a 30 percent jump in second quarter revenue, aided by higher fuel prices. Get the Full Story Complete...

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TouchBistro Raises CDN $16.3M In Funding To Expand Its Features
TouchBistro Raises CDN $16.3M In Funding To Expand Its Features
June 02, 2017  |  Mobile Commerce

TouchBistro, the payment technology company, announced Thursday (June 1) it raised CDN $16.3 million in Series C funding. Get the Full Story Complete the form...

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PayU Invests €110M In Kreditech; Becomes Minority Investor
PayU Invests €110M In Kreditech; Becomes Minority Investor
May 11, 2017  |  Investments

Kreditech, the online lender in Germany, has reportedly landed a €110 million investment from online payment processor PayU. Get the Full Story Complete the form...

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First Data Edges 1Q Sales Estimates, Unveils Alipay Pact
First Data Edges 1Q Sales Estimates, Unveils Alipay Pact
May 09, 2017  |  Payment Methods

Largely meeting expectations for the first quarter, First Data’s Chief Executive Frank Bisignano said the company is working to boost its U.S. JV acquiring business,...

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