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

CTO Interview: Mindset Shift Is ‘Vital’ to Future of Financial Services

CTO Interview: Mindset Shift Is ‘Vital’ to Future of Financial Services
CTO Interview: Mindset Shift Is ‘Vital’ to Future of Financial Services
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Data management makes for a unified ecosystem that fosters collaboration, Stax Chief Technology Officer Mark Sundt writes in a new PYMNTS eBook, “The Innovation Mindset:...

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Why Payment Choice Can Make or Break Retail’s Holiday Season
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December 11, 2024  |  Payment Methods

There are more than a few factors tied to success during the holiday season. To put it mildly, the season is as much about stress...

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Velera to Provide Debit Card Processing to Mississippi-Based Keesler Federal
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November 20, 2024  |  Credit Unions

Credit union service organization (CUSO) Velera will provide debit card processing and support to Mississippi-based Keesler Federal Credit Union, which serves 327,000 members in the...

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October 24, 2024  |  Earnings

The contemporary operating landscape is increasingly defined by both resilience and vulnerability. Get the Full Story Complete the form to unlock this article and enjoy...

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Nuvei Teams Up With BigCommerce on Customized Payment Solutions
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October 22, 2024  |  Payments Innovation

Canadian FinTech Nuvei has announced a partnership with open software-as-a-service (SaaS) eCommerce platform BigCommerce that it says will globally enable customizable payment solutions that were...

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Mastercard and KaiOS Partner on Payment Acceptance in Emerging Markets
Mastercard and KaiOS Partner on Payment Acceptance in Emerging Markets
September 25, 2024  |  Partnerships

Mastercard and KaiOS have partnered to offer affordable payment acceptance devices to small- to medium-sized businesses (SMBs) in emerging markets. Get the Full Story Complete the...

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Payroc Expands Payment Solutions With Acquisition of I3 Verticals’ Merchant Services Business
Payroc Expands Payment Solutions With Acquisition of I3 Verticals’ Merchant Services Business
September 23, 2024  |  Partnerships

Payment platform Payroc has completed its previously announced acquisition of the merchant services business of i3 Verticals. Get the Full Story Complete the form to unlock this...

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NCR Voyix: Community Banks Have Data and Technology to Help SMBs Thrive
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September 11, 2024  |  Banking

Small and medium-sized businesses (SMBs) need help with digital transformation and financial management in an uncertain business environment, and community banks and credit unions should...

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