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

Samsung Pay And Mastercard Announce Partnership At Money20/20

Samsung Pay And Mastercard Announce Partnership At Money20/20
Samsung Pay And Mastercard Announce Partnership At Money20/20
October 26, 2016  |  Partnerships

Samsung Pay debuted just a year ago, and now, the company announced plans to expand the platform and capabilities even further. Get the Full Story...

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USA Technologies And Burch Expand Initial Agreement
USA Technologies And Burch Expand Initial Agreement
October 19, 2016  |  Partnerships

USA Technologies, a payment technology service provider of integrated cashless and mobile transactions in the self-service retail market, announced Tuesday (Oct. 18) the initial results of...

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Payroc Buys iTransact For Undisclosed Sum
Payroc Buys iTransact For Undisclosed Sum
October 11, 2016  |  Partnerships

Payroc, a merchant services and payment processing organization, announced on Monday (Oct. 10) that it has acquired the assets of payment gateway and merchant account provider...

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Treasury Slaps Counting House As ‘Criminal Organization’
Treasury Slaps Counting House As ‘Criminal Organization’
October 11, 2016  |  B2B Payments

The U.S. Treasury has reportedly dubbed international payments processor PacNet, which operates Counting House, a “criminal organization,” and reports said the move could cause trouble...

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Gemalto Awarded Contract By BankAxept
Gemalto Awarded Contract By BankAxept
September 30, 2016  |  Mobile Payments

Gemalto, the digital security company, announced on Thursday (Sept. 29) it has been awarded a contract by BankAxept, the national payment scheme of Norway, to...

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HCE Service Launches New Mobile Payment Platform
HCE Service Launches New Mobile Payment Platform
September 30, 2016  |  Mobile Payments

HCE Service announced on Thursday (Sept. 29) it launched its SWIM (Software Wireless Identity Module) host card emulation mobile payments platform, which it said provides a...

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Australian Merchants Can Access Square’s Reader Online
Australian Merchants Can Access Square’s Reader Online
September 29, 2016  |  Payment Methods

Square announced earlier this week that businesses around Australia can access Square’s new contactless and chip card reader online at square.com.au for just $59. Get the...

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