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Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

Fintech Finance

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE.

Visa 110
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Market Pay acquires AltaPay

The Paypers

Market Pay Group has officially revealed that it has signed an agreement to acquire AltaPay, a payment service provider (PSP) located in Denmark.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

Clearing and settlement With full authority to proceed with the transaction, your credit card processor will forward the transaction details to the relevant card networks, which are responsible for routing the relevant funds from your customer’s bank to your business bank (acquiring bank).

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Finovate Global Sweden: Open Banking, New Leadership, and A Defense of Cash

Finovate

Via the new agreement, Tink will offer Deutsche Bahn customers optimized direct debit setups. A two-time Finovate Best of Show winner, Tink was acquired by Visa in 2022 for $2 billion. based fintech Unlimit secured a license from the Bank of Tanzania to do operate as a payments service provider (PSP) in the country.

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Stripe Reconciliation: The Complete Guide

Nanonets

Introduction to Stripe Reconciliation Every digital purchase is a complex interplay of entities—Customers, Merchants, Acquirers, and Issuing Banks—that orchestrate the flow of funds. Stripe is a PSP that offers a suite of services to streamline payment processing and enhance the online shopping experience.

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Market Pay Completes Its Fourth Acquisition with the Purchase of Altapay, Strengthening Its Presence in the Scandinavian Market

Fintech Finance

Market Pay Group today announced the signing of an agreement to acquire Altapay , a payment service provider (PSP) headquartered in Copenhagen, Denmark. Altapay, which serves over 400 merchants, has developed strong expertise in managing online transactions.