Visa is facing a class action lawsuit from merchants connected to its debit network. The suit accused Visa of anticompetitive behavior related to its debit card network, and was filed in federal court Tuesday (Oct. 1). It comes a little more than a week after...
Jack Henry has expanded its collaboration with MVB Bank’s Victor Technologies. The partnership, announced Monday (Sept. 30), has resulted in an embedded payments management platform to help Jack Henry’s financial institution clients capitalize on payments-as-a-service (PaaS) opportunities. “The payments landscape is changing. Payments are increasingly...
Mastercard and KaiOS have partnered to offer affordable payment acceptance devices to small- to medium-sized businesses (SMBs) in emerging markets. The companies will begin offering the devices to SMBs in Cote d’Ivoire and Nigeria and then expand across Africa and beyond, they said in a Wednesday...
Payment platform Payroc has completed its previously announced acquisition of the merchant services business of i3 Verticals. With this acquisition, which was announced in June, Payroc will provide payment solutions to a broader range of partners and merchants, the company said in a Monday (Sept. 23) press release....
January 30, 2024
Creating new sources of income is key to business growth, and payment features are becoming a key component in doing so. For instance, independent software vendors (ISVs) and marketplaces can generate revenue through processing fees associated with the incorporation of payment features into their services. Against this backdrop, 65% of ISVs and marketplaces that do […]
January 04, 2024
Taking the friction out of cross-border payments is fundamental to spurring global growth. For businesses that increasingly expect a B2B payment experience mirroring the convenience available in consumer transactions, unmet...
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...
August 22, 2023
Kristian Gjerding, CEO at CellPoint Digital, told PYMNTS in a recent interview that amid the rise of open banking, faster payments and pay by bank’s continued embrace, there’s one thing that’s...
October 08, 2024
Mastercard said South Africa will be its first market to benefit from real-time card payments. The company will enable acquiring banks to process real-time card payments via Mastercard’s product innovations, enhancements to its network and strategic partnerships, according to a Tuesday (Oct. 8) press release. In the future, it will also enable issuing banks to process […]
October 02, 2024
Visa is facing a class action lawsuit from merchants connected to its debit network. The suit accused Visa of anticompetitive behavior related to its debit card network, and was filed...
September 30, 2024
Jack Henry has expanded its collaboration with MVB Bank’s Victor Technologies. The partnership, announced Monday (Sept. 30), has resulted in an embedded payments management platform to help Jack Henry’s financial...
September 25, 2024
Mastercard and KaiOS have partnered to offer affordable payment acceptance devices to small- to medium-sized businesses (SMBs) in emerging markets. The companies will begin offering the devices to SMBs in Cote...
