Acquirers, Funds Transfer and Point-of-Sale (POS)

What is a Payment Processing System and How Does It Work?

Stax

MARCH 18, 2025

It ensures the secure transfer of funds from a customer to a merchant via their preferred payment method. A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks.

Process

Process Payment APIs and Integration Processors Online and Mobile Banking

Bahrain's EazyPay joins forces with Visa

Finextra

FEBRUARY 28, 2024

In a groundbreaking partnership, Eazy Financial Services “EazyPay”, a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, has joined forces with Visa, a global leader in digital payments, to enable Visa Direct, a cutting-edge funds transfer solution for EazyPay’s customer base.

Point-of-Sale (POS)

Point-of-Sale (POS) Payment Gateways Funds Transfer Gateways

EazyPay Partners with Visa to transform Bahrain’s funding landscape with cutting-edge Visa Direct solution

Fintech Finance

FEBRUARY 28, 2024

In a groundbreaking partnership, Eazy Financial Services “EazyPay” , a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, has joined forces with Visa , a global leader in digital payments, to enable Visa Direct, a cutting-edge funds transfer solution for EazyPay’s customer base.

Point-of-Sale (POS)

Point-of-Sale (POS) Funds Transfer Payment Gateways Cross-Border

Webinars

From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

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Finovate Global Uzbekistan: Fintech Innovation and Banking Breakthroughs in Central Asia

Finovate

SEPTEMBER 20, 2024

A recent example of this was with Hungary’s OTP, which in June 2023 became the first international player to participate in the privatization of the Uzbek banking sector, acquiring former state-owned Ipoteka Bank.

Innovation

Innovation FinTech Online and Mobile Banking On-Demand

This Week in Fintech: TFT Bi-Weekly News Roundup 01/03

The Fintech Times

MARCH 1, 2024

Eazy Financial Services ‘EazyPay’, a Bahraini financial institute specialised in point-of-sale (POS) and online payment gateway acquiring services, has joined forces with Visa to enable Visa Direct, a funds transfer solution for EazyPay’s customer base.

FinTech

FinTech Point-of-Sale (POS) Consulting Embedded Finance

What is Payment Processing?

Clearly Payments

APRIL 3, 2024

Transaction Initiation Customer Payment: The process begins when a customer makes a payment using a credit/debit card or other payment methods at a merchant’s point of sale (POS) system or online checkout. Here’s a simplified overview of how it works: 1. This usually occurs within a few days.

Process

Process Processors Online and Mobile Banking Payments

What is a Payment Gateway and How Does It Work?

Stax

SEPTEMBER 17, 2024

A payment processor is a company that acts as the intermediary or middleman between the two banks: the issuing bank and the acquiring bank. The issuing bank is the bank of the customer, while the acquiring bank is the merchant’s bank (in other words, the one acquiring the funds). Card networks (like Visa, Mastercard, etc.)

Payment Gateways

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking

What is a Payment Processor?

Clearly Payments

DECEMBER 5, 2023

This comprehensive guide aims to unravel the complexities and distinctions among three primary types of payment processors: Acquirers, Independent Sales Organizations (ISOs), and Aggregators. Acquirers or Acquiring Banks Acquirers, also known as acquiring banks , form the backbone of the payment processing ecosystem.

Processors

Processors ISOs Payment APIs and Integration Payments

What Is Debit Card Processing & How Does It Work?

Payment Savvy

JULY 3, 2024

As the preferred method for many, debit card transactions offer convenience, security, and immediate fund transfers, making them integral to modern commerce. The cardholder swipes, dips, or taps their debit card at the merchant’s physical point of sale (POS) terminal.

Debit Card

Debit Card Process PCI DSS Processors

Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

APRIL 30, 2024

TL;DR Merchant processing ensures that all entities, such as the issuing bank, the acquiring bank, and the card company, work cohesively to facilitate payments between a customer and a business. These entities include the issuing bank, the acquiring bank, the card or digital payment company, and the payment processor.

Process

Process Online and Mobile Banking PCI DSS Debit Card

Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

APRIL 1, 2020

They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible. shoppers made 72.7 Consumers only see a small part of what is involved in using this method, however.

Debit Card

Debit Card Electronic Funds Transfer (EFT) Debit Transaction Federal Reserve

Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

AUGUST 8, 2016

Blockchain-based institutional funds transfer and settlement. Tags: Institutions, payments, funds transfer, blockchain, bitcoin, crypto-currency. Source: Crunchbase. Mobile payments platform. Latest round: $2 million. Total raised: $2 million. HQ: Singapore. Source: FT Partners. Savings & investing app. CirraGroup.

Underwriting

Underwriting FinTech Debit Card P2P

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

JULY 12, 2016

Funds transfers. Tags: Consumer, payments, remittancees, funds transfer, cryptocurrency. Source: Crunchbase. Financing solutions for retailers & manufacturers. Latest round: $13 million Series B. Total raised: Unknown. HQ: Austin, Texas. Source: Crunchbase. Lease-to-own financing platform. Latest round: $12.5

Underwriting

Underwriting P2P FinTech Online and Mobile Banking

Fintech Fundings: 35 Companies Raise $470 Million the Third Week of June

Fintech Labs Insights

JULY 20, 2016

Payment via bank transfer (ACH). Tags: SMB, ACH, payments, bank transfers, merchants, point of sale (POS), checking accounts, Finovate alum. Payments for marketplaces. Latest round: $10 million Series A. Total raised: $12.25 HQ: Collingwood, Australia. Source: Crunchbase. Tapp Commerce. Alt-payments. million Seed.

P2P

P2P Underwriting FinTech Remote Deposit Capture

Payments Space

What is a Payment Processing System and How Does It Work?

Bahrain's EazyPay joins forces with Visa

EazyPay Partners with Visa to transform Bahrain’s funding landscape with cutting-edge Visa Direct solution

Webinars

Finovate Global Uzbekistan: Fintech Innovation and Banking Breakthroughs in Central Asia

This Week in Fintech: TFT Bi-Weekly News Roundup 01/03

What is Payment Processing?

What is a Payment Gateway and How Does It Work?

What is a Payment Processor?

What Is Debit Card Processing & How Does It Work?

Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Deep Dive: How Payment Card Networks Win Merchants Over

Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Fundings: 35 Companies Raise $470 Million the Third Week of June

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