For years, merchant services centered on moving money from cardholder to business. The current earnings season gives proof that business has become far broader, encompassing everything from payments to back-office efficiency. Across quarterly updates from Block, PayPal, Shopify and Fiserv, executives described merchants grappling with...
Worldline has launched an end-to-end solution to provide an enhanced, seamless and secure payment experience for mobility operators and their customers. The new Mobility Payments Suite offers a wide range of experiential enhancements designed to meet any customer’s payment needs, the payment service provider said in a Wednesday...
FIS is selling its majority stake in Worldpay to private equity group GTCR for $18.5 billion. The payments company announced the sale Thursday (July 6), days after reports that GTCR and Advent International, a buyouts firm, were vying to pick up a majority stake in Worldpay, the merchant services business of FIS. “This transaction...
FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. The deal, as reported Friday (June 30) by the Financial Times (FT), would worth more than $15 billion. It would also mark a reversal of FIS’ previously reported plan to spin off Worldpay, the...
April 04, 2023
Online merchants have long used PayPal and Venmo to drive checkouts. But in the current macro environment, for smaller online sellers to move beyond the “small to mid-sized” designation — in other words, boost top lines — they need to give customers more payment choices. And, amid the day-to-day challenges of grappling with inflation and […]
March 22, 2023
Charles Zhu, vice president of product at Enigma, told PYMNTS that the pressure is on independent sales organizations (ISO) to reinvent themselves. And in doing so, they won’t just survive...
October 22, 2019
This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with...
July 01, 2019
The megamergers of 2019 have been reshaping the payments industry. For merchant services, especially, the chessboard looks much different. Daniela Mielke, CEO of RS2 North America, weighs in on why, for...
August 23, 2026
Helcim, a payments company focused on Canadian small and medium-sized businesses, has raised $38 million in new funding. The Calgary startup’s Series C round will help Helcim invest in its platform at a time when many of Canada’s biggest banks are selling or outsourcing their merchant services operations, the company said in a Friday (Aug. 21) […]
July 20, 2023
Worldline has launched an end-to-end solution to provide an enhanced, seamless and secure payment experience for mobility operators and their customers. The new Mobility Payments Suite offers a wide range of experiential enhancements...
July 06, 2023
FIS is selling its majority stake in Worldpay to private equity group GTCR for $18.5 billion. The payments company announced the sale Thursday (July 6), days after reports that GTCR and Advent International, a buyouts firm, were vying...
July 02, 2023
FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. The deal, as reported Friday (June 30) by the Financial Times (FT), would worth more than $15 billion. It...
