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

APIs Bring Much-Needed Payments and Payouts Relief to Africa’s Insurance Sector
APIs Bring Much-Needed Payments and Payouts Relief to Africa’s Insurance Sector
August 04, 2022  |  API

Money moves from a consumer to a business and often there’s a use case in which that needs to move back out whether as refunds,...

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FIS Plans Expansions Into New Markets, Locations in 2022
FIS Plans Expansions Into New Markets, Locations in 2022
February 15, 2022  |  Earnings

FinTech platform FIS touted its expansion into new countries in 2021, and plans to keep expanding this year. Get the Full Story Complete the form...

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Report: What Smaller Businesses Can Learn From Enterprise CFOs About Digital Payments
Report: What Smaller Businesses Can Learn From Enterprise CFOs About Digital Payments
January 14, 2022  |  Digital Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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B2B Payments Digital Makeover Must Include Clearing Payments Processing ‘Blind Spots’
B2B Payments Digital Makeover Must Include Clearing Payments Processing ‘Blind Spots’
June 29, 2021  |  B2B Payments

The way customers expect to receive and make payments presents one of the biggest challenges facing merchants, said VersaPay Executive Vice President of Payments Operations...

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Why B2B Firms Must Take The Wheel In Payment Processing Strategy
Why B2B Firms Must Take The Wheel In Payment Processing Strategy
July 31, 2020  |  B2B Payments

In the midst of a surge of new software solutions and FinTech platforms available to B2B companies, the enterprise resource planning (ERP) system continues to...

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DOJ Looks At Possible Wirecard Role In Purported $100M Bank Fraud
DOJ Looks At Possible Wirecard Role In Purported $100M Bank Fraud
July 08, 2020  |  Security & Fraud

Adding to the series of legal difficulties for Wirecard, the Justice Department is looking to see if the German payments company had an essential part in...

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Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash For Years
Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash For Years
July 05, 2020  |  Security & Fraud

As details about the failed management of Wirecard AG unfold, it becomes clear that the company’s core business has been losing cash for years, the...

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UK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
UK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
June 29, 2020  |  Security & Fraud

After the U.K.’s Financial Conduct Authority (FCA) mandated that Wirecard’s British Wirecard Card Solutions unit stop conducting regulated work, a number of consumers in the...

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