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)

For Merchant Processing, A Guiding Key Principle: Reliability
For Merchant Processing, A Guiding Key Principle: Reliability
May 24, 2019  |  Payments Innovation

Merchants that sign on with firms to process their payments expect to get their funds consistently and constantly. Neil Randel, CEO of First American Payment...

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CBD Companies Can Process Payments Through Square Now
CBD Companies Can Process Payments Through Square Now
May 23, 2019  |  Payment Methods

Square, the digital payments company, is getting into the CBD market, launching a payment processing service for the industry. Forbes, citing Square, reported that a...

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Australia, New Zealand Adopt Framework For eInvoicing
Australia, New Zealand Adopt Framework For eInvoicing
March 04, 2019  |  B2B Payments

Australia and New Zealand have announced that they are both adopting the Pan-European Public Procurement On-Line (PEPPOL) interoperability framework for eInvoicing. Australia Prime Minister Scott...

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Adyen CEO Tells Analysts: ‘We Don’t Lose Customers To Anyone’
Adyen CEO Tells Analysts: ‘We Don’t Lose Customers To Anyone’
February 28, 2019  |  Earnings

Dutch payments processor Adyen logged a Q4 earnings report that came in above analyst expectations. Adyen processes payments for such household names as Spotify, Uber,...

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Visa Takes VisaNet To Argentina
Visa Takes VisaNet To Argentina
January 29, 2019  |  Digital Payments

Visa has launched a new ePayment processing system called VisaNet in Argentina, the company announced on Tuesday (Jan. 29). The company said the new service...

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Fiserv Snaps Up First Data In $22B All-Stock Deal
Fiserv Snaps Up First Data In $22B All-Stock Deal
January 16, 2019  |  Partnerships / Acquisitions

Fiserv, the financial services firm, announced on Wednesday (Jan. 16) that it would buy First Data, the payments processor, in a deal valued at $22...

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PayPal, HP Team On New POS
PayPal, HP Team On New POS
January 11, 2019  |  POS Innovation

In a move to target small and medium-sized businesses and hospitality companies, HP has announced it has teamed up with PayPal to release what it...

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Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
January 09, 2019  |  Partnerships / Acquisitions

Build or buy — or how about buy, then build? Continuing an acquisitive strategy that seeks to expand integrated payment capabilities, Paya said on Tuesday...

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SWIFT gpi Used For More Than Half Of Cross-Border Traffic
SWIFT gpi Used For More Than Half Of Cross-Border Traffic
December 18, 2018  |  Faster Payments

SWIFT said Tuesday (December 18) that its SWIFT gpi payment service is being used for more than half of SWIFT’s cross-border traffic. In a press release,...

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