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

J.P. Morgan Payments Processes Record Number of Transactions in Europe

J.P. Morgan Payments Processes Record Number of Transactions in Europe
J.P. Morgan Payments Processes Record Number of Transactions in Europe
December 08, 2023  |  Payment Methods

J.P. Morgan Payments processed a record number of card-not-present transactions in Europe on both Black Friday (Nov. 24) and Cyber Monday (Nov. 27). Get the...

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Transaction Services and Silverflow Collaborate on Customer Payments Management
Transaction Services and Silverflow Collaborate on Customer Payments Management
October 19, 2023  |  Payment Methods

Transaction Services, a leader in payment processing, has partnered with Silverflow, a cloud-based payment processing platform, to enhance the management of customer payments, the companies...

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Stax Acquires APPS to Boost Payment Processing Services
Stax Acquires APPS to Boost Payment Processing Services
October 17, 2023  |  Acquisitions

Florida-based FinTech Stax Payments says it has acquired Atlantic-Pacific Processing Systems (APPS). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Failed Payments Are Costing Companies Their Best Subscribers and 9% of Revenue
Failed Payments Are Costing Companies Their Best Subscribers and 9% of Revenue
October 16, 2023  |  Subscriptions

Subscribers want a smooth shopping experience: Data from several PYMNTS Intelligence studies shows that 27% of users are likely to cancel their subscriptions if they...

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Celero Acquires Finical to Expand Payment Processing Capabilities
Celero Acquires Finical to Expand Payment Processing Capabilities
October 11, 2023  |  Acquisitions

U.S. non-bank payment processor Celero Commerce has acquired Finical, a Dallas-based provider of electronic payments technology. Get the Full Story Complete the form to unlock this...

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AppTech Aims to Enhance Digital Commerce Platform With FinZeo Acquisition
AppTech Aims to Enhance Digital Commerce Platform With FinZeo Acquisition
September 20, 2023  |  Acquisitions

FinTech company AppTech Payments has announced its intention to acquire FinZeo, a software development company focused on providing advanced payment and banking technology to businesses. Get the Full...

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Suppliers Recast the Definition of B2B Loyalty
Suppliers Recast the Definition of B2B Loyalty
August 10, 2023  |  B2B Payments

Shawn Cunningham, managing vice president and head of Capital One’s trade credit operations, told PYMNTS in a recent interview that it’s time for companies to...

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Will 99 Cents Burn Toast at the POS?
Will 99 Cents Burn Toast at the POS?
June 26, 2023  |  Platform Payments

After spending the last 20 minutes online deliberating over what you really need to round out your summer wardrobe, you’re ready to check out. You...

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AWS’ New Cryptographic Solution Promises Secure Payment Processing in the Cloud
AWS’ New Cryptographic Solution Promises Secure Payment Processing in the Cloud
June 13, 2023  |  Security & Fraud

Although an increasing number of payment companies are transitioning their workloads to the cloud, the use of manual, on-premises payment hardware security modules (HSMs) —...

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