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

Swift Inks Deal With Federal Reserve Banks, The Clearing House For Swift gpi

Swift Inks Deal With Federal Reserve Banks, The Clearing House For Swift gpi
Swift Inks Deal With Federal Reserve Banks, The Clearing House For Swift gpi
March 14, 2017  |  Payment Methods

Swift, the payment processing company, announced Monday (March 13) it has reached a deal with the Federal Reserve Banks and the Clearing House in order...

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Wirecard Acquires Citi Prepaid Card Services
Wirecard Acquires Citi Prepaid Card Services
March 13, 2017  |  Partnerships / Acquisitions

Wirecard, an international group of companies with a focus on payment processing and card issuing, has officially acquired Citi Prepaid Card Services, expanding its global...

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Worldpay Full-Year Results Hurt By US Slowdown
Worldpay Full-Year Results Hurt By US Slowdown
March 08, 2017  |  Payment Methods

Worldpay, the U.K. payment processing company, reported revenue for all of 2016 that was lower than expectations, hurt by a slowdown in its business in...

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Trustly Processed €3.2B In Payments In 2016
Trustly Processed €3.2B In Payments In 2016
March 03, 2017  |  Payment Methods

Trustly, the Swedish FinTech company, announced Thursday (March 2) that it processed payment volumes of €3.2 billion in 2016. Get the Full Story Complete the...

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Dimebox Raises €5 Million In Series A Funding From BillPro Group
Dimebox Raises €5 Million In Series A Funding From BillPro Group
March 03, 2017  |  Fintech Investments

Dimebox raised €5 million in a Series A round from the BillPro Group, a leading global payment processing organization. According to Finextra, this funding will...

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Vantiv Selected By FTSI For ATM Processing
Vantiv Selected By FTSI For ATM Processing
February 10, 2017  |  Partnerships / Acquisitions

Vantiv, a provider of payment processing services and related technology for merchants and financial institutions, announced Thursday (Feb. 9) that Financial Technology Solutions International (FTSI)...

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Square Rolls Out Square For Retail For Payment Processing
Square Rolls Out Square For Retail For Payment Processing
February 09, 2017  |  Retail

Square, the payment processing company, launched a new tool on Wednesday (Feb. 8) for the retail industry. In a blog post, Square said that it has learned...

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Sage Is Mulling A Sale Of Its US Payment Processing Unit
Sage Is Mulling A Sale Of Its US Payment Processing Unit
January 27, 2017  |  Payment Methods

Sage Group, the U.K. software company, is launching a review of the company’s payments business and is mulling a sale of the U.S. arm of...

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TSYS Renews Long-Term Payments Processing Contract With BBVA Compass
TSYS Renews Long-Term Payments Processing Contract With BBVA Compass
January 23, 2017  |  Partnerships / Acquisitions

TSYS, the payments processing company, announced Friday (Jan. 20) it has inked a long-term renewal of its payment services agreement with BBVA Compass in which...

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