Payment Service Provider news and trends

Pulling B2B Payments Into The New Economy
B2B Payments // June 30, 2020

Despite making major strides in functionality, legacy payment rails like ACH still come with their challenges — especially when facilitating B2B payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Providers Combat The Conflict Between Security, User Experience
B2B Payments // January 14, 2020

In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often mean compromising the other. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

EBA CLEARING Advances R2P Infrastructure Solution
B2B Payments // September 18, 2019

Pan-European payment infrastructure provider EBA CLEARING is rolling out a new request to pay (R2P) solution supported by 26 payment service providers (PSPs) from 11 countries, the company said in a press release on Wednesday (Sept. 18). Get the Full Story Complete the form to...

NEW DATA: It Costs Travel Services Providers 5.4 Percent Of Sales To Process Payments —...
Travel Payments // July 26, 2018

The global travel industry generates approximately $1.4 trillion in revenue annually and, in doing so, spends 5.4 percent of its revenue processing payments. In fact, worldwide airlines, travel agencies and hotels spend some $75 billion per year to pay their payment service providers. That’s as...

Quick Reads
Airwallex to Acquire Mexico Payments Company MexPago

October 19, 2023
Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

EBA CLEARING Advances R2P Infrastructure Solution

September 18, 2019
Pan-European payment infrastructure provider EBA CLEARING is rolling out a new request to pay (R2P) solution supported by 26 payment service providers (PSPs) from 11 countries, the company said in...