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

PayU Invests €110M In Kreditech; Becomes Minority Investor
PayU Invests €110M In Kreditech; Becomes Minority Investor
May 11, 2017  |  Investments

Kreditech, the online lender in Germany, has reportedly landed a €110 million investment from online payment processor PayU. According to a report, under the deal, PayU...

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First Data Edges 1Q Sales Estimates, Unveils Alipay Pact
First Data Edges 1Q Sales Estimates, Unveils Alipay Pact
May 09, 2017  |  Payment Methods

Largely meeting expectations for the first quarter, First Data’s Chief Executive Frank Bisignano said the company is working to boost its U.S. JV acquiring business,...

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EBizCharge Automates AR Payment Processing For SAP’s SME Users
EBizCharge Automates AR Payment Processing For SAP’s SME Users
May 09, 2017  |  B2B Payments

Payment processing company Century Business Solutions is closing the gap for its customers using SAP Business One HANA, an accounting platform designed for small businesses....

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Jack Henry & First Data Partner To Expand Its Credit Card Platform
Jack Henry & First Data Partner To Expand Its Credit Card Platform
May 05, 2017  |  Partnerships / Acquisitions

Jack Henry & Associates, the provider of technology solutions and payment processing services primarily for the financial services industry, announced Thursday (May 4) that it...

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Apexx Organizes Merchant Solutions Marketplace
Apexx Organizes Merchant Solutions Marketplace
April 28, 2017  |  Startups

Apexx, a FinTech startup, is reportedly launching in London, aiming to create a transparent marketplace in which merchants can browse and plug into competing services for...

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Helping Acquirers Embrace An App-Centric Future
Helping Acquirers Embrace An App-Centric Future
April 26, 2017  |  Matchmakers

The historical relationship between merchants, acquirers and ISOs was fairly simple — it was often based on bundling payments processing around POS terminals. But a...

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TSYS Inks PRIME Software License Deal With Enfuce Financial Services
TSYS Inks PRIME Software License Deal With Enfuce Financial Services
April 19, 2017  |  Payment Methods

TSYS, the payments company, announced Tuesday (April 18) it has inked a software license and services agreement with Enfuce Financial Services. In a press release,...

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Payline Launches Payment Processing API, Developer Sandbox
Payline Launches Payment Processing API, Developer Sandbox
March 24, 2017  |  B2B Payments

Payment solutions company Payline Data is the latest to launch an API for other businesses looking to process payments. The company announced this week that it is...

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The MoneyGram Acquisition — Is A Bidding War Coming Soon?
The MoneyGram Acquisition — Is A Bidding War Coming Soon?
March 15, 2017  |  Partnerships / Acquisitions

Who said that money transmitters with large physical footprints weren’t sexy? In a turn of events — surprising enough that if it had happened two...

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