Small-to-mid-sized businesses (SMBs) on the main streets of the United States heavily rely on payment processors to facilitate their transactions. While PayPal and Square dominate the market, in the recent survey, Main Street Health in Q3 2023 from PYMNTS Intelligence and Enigma revealed that 85%...
The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized business (SMB) retailers are satisfied with their current processors. However, there are opportunities to make a mark with lower transaction...
Open-source eCommerce platform WooCommerce has announced a partnership with Veem, a global payments provider, in a Thursday (Oct. 12) press release. This collaboration aims to extend business-to-business (B2B) payment capabilities to merchants using the WooCommerce platform. The partnership brings Veem’s B2B extension to the WooCommerce...
Small to midsized businesses (SMBs) on Main Street, U.S.A., view their payment processors favorably. With 85% of SMBs satisfied with their processor, those seeking to expand their client base must go above and beyond table stakes features and functionality to capture business from incumbents. In...
March 26, 2024
When it comes to business-to-business (B2B) payments, it’s easy to get blindsided by the staggering $100 trillion-plus annual transaction volume and miss the real action. It’s not about the money moving around; it’s about the current friction associated with workflows and data handling that set the stage for these payments. That’s where the magic — […]
October 17, 2023
The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized business (SMB) retailers are satisfied...
September 29, 2023
Small to midsized businesses (SMBs) on Main Street, U.S.A., view their payment processors favorably. With 85% of SMBs satisfied with their processor, those seeking to expand their client base must...
October 12, 2023
Open-source eCommerce platform WooCommerce has announced a partnership with Veem, a global payments provider, in a Thursday (Oct. 12) press release. This collaboration aims to extend business-to-business (B2B) payment capabilities to merchants using the WooCommerce platform. The partnership brings Veem’s B2B extension to the WooCommerce marketplace, allowing businesses to integrate payment collections into their checkout […]
June 11, 2023
Payments company FLEETCOR says it has closed out a four-year legal battle with the FTC. The company announced Friday (June 9) that it had received a court order in a marketing practices and...
December 02, 2022
The U.K.’s payments regulator has fined Barclays 8.4 million pounds ($10.26 million). In a Thursday (Dec. 1) press release, the Payment Systems Regulator (PSR) said it imposed the fine in...
November 10, 2022
The Federal Reserve has announced pricing for the FedNow Service, its instant payments system that is to be launched in the middle of 2023. “To support widespread adoption of instant...
