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

Payment Data Systems Announces Intent To Acquire Singular Payments
Payment Data Systems Announces Intent To Acquire Singular Payments
March 14, 2017  |  Partnerships / Acquisitions

Payment Data Systems (PDS), an integrated electronic payment solutions provider, announced that it is in the process of acquiring Singular Payments LLC. According to Finextra,...

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Swift Inks Deal With Federal Reserve Banks, The Clearing House For Swift gpi
Swift Inks Deal With Federal Reserve Banks, The Clearing House For Swift gpi
March 14, 2017  |  Payment Methods

Swift, the payment processing company, announced Monday (March 13) it has reached a deal with the Federal Reserve Banks and the Clearing House in order...

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Wirecard Acquires Citi Prepaid Card Services
Wirecard Acquires Citi Prepaid Card Services
March 13, 2017  |  Partnerships / Acquisitions

Wirecard, an international group of companies with a focus on payment processing and card issuing, has officially acquired Citi Prepaid Card Services, expanding its global...

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Worldpay Full-Year Results Hurt By US Slowdown
Worldpay Full-Year Results Hurt By US Slowdown
March 08, 2017  |  Payment Methods

Worldpay, the U.K. payment processing company, reported revenue for all of 2016 that was lower than expectations, hurt by a slowdown in its business in...

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Trustly Processed €3.2B In Payments In 2016
Trustly Processed €3.2B In Payments In 2016
March 03, 2017  |  Payment Methods

Trustly, the Swedish FinTech company, announced Thursday (March 2) that it processed payment volumes of €3.2 billion in 2016. In a press release, Trustly said it has...

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Dimebox Raises €5 Million In Series A Funding From BillPro Group
Dimebox Raises €5 Million In Series A Funding From BillPro Group
March 03, 2017  |  Fintech Investments

Dimebox raised €5 million in a Series A round from the BillPro Group, a leading global payment processing organization. According to Finextra, this funding will...

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Vantiv Selected By FTSI For ATM Processing
Vantiv Selected By FTSI For ATM Processing
February 10, 2017  |  Partnerships / Acquisitions

Vantiv, a provider of payment processing services and related technology for merchants and financial institutions, announced Thursday (Feb. 9) that Financial Technology Solutions International (FTSI)...

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Square Rolls Out Square For Retail For Payment Processing
Square Rolls Out Square For Retail For Payment Processing
February 09, 2017  |  Retail

Square, the payment processing company, launched a new tool on Wednesday (Feb. 8) for the retail industry. In a blog post, Square said that it has learned...

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Sage Is Mulling A Sale Of Its US Payment Processing Unit
Sage Is Mulling A Sale Of Its US Payment Processing Unit
January 27, 2017  |  Payment Methods

Sage Group, the U.K. software company, is launching a review of the company’s payments business and is mulling a sale of the U.S. arm of...

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