Most small- to medium-sized businesses (SMBs) across industries use some kind of payment processor. The most common providers are PayPal, Square and Shopify, which are chosen mainly for their ease of use or low processing fees. However, more companies are requiring their payment processors to...
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 world of payment processing plays a crucial role in the operations of small- to medium-sized businesses (SMBs). That payment processor landscape, particularly for Main Street SMBs, is “saturated but competitive,” Charles Zhu, vice president of product at Enigma, told PYMNTS. When discussing payment processors in the...
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...
October 30, 2023
The world of payment processing plays a crucial role in the operations of small- to medium-sized businesses (SMBs). That payment processor landscape, particularly for Main Street SMBs, is “saturated but competitive,” Charles Zhu, vice president of product at Enigma, told PYMNTS. When discussing payment processors in the context of SMBs, the term mainly refers to the consumer-facing […]
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...
July 26, 2023
Mastercard has told payment processors and banks to stop allowing marijuana transactions on its debit cards. Following cease-and-desist letters sent by Mastercard last week, companies that facilitated PIN debit payments for cannabis have been attempting to provide alternatives to the dispensaries that were using them, Bloomberg reported Wednesday (July 26). A spokesperson for Mastercard told Bloomberg: “As […]
October 03, 2022
The Federal Reserve’s Board of Governors said Monday (Oct, 3) that it was officially ending so-called network exclusivity and would instead require all debit card issuers to enable merchants to...
November 18, 2018
Visa, American Express and Mastercard are among the payment companies that are the subject of an inquiry by Brazilian regulators. According to a report in Bloomberg citing the Brazilian Administrative Council...
January 19, 2017
AnaCap Financial Partners, the European financial services private equity firm, announced Wednesday (Jan. 18) it has signed an agreement to buy a controlling stake in Heidelpay, a German online payment...
