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

Apruve Adds Payments Processing Partner To B2B Credit Solution

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 & Regulation

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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