Fintech Finance

MARCH 25, 2024

HyperPay , the leading payment gateway provider in the MENA region, signed a collaboration agreement with Capital Bank intending to drive the future of streamlined payment gateway services for merchants. The initial focus of the collaboration is the optimisation of payment gateway services.

Agreements 52

Agreements Payment Gateways Gateways Online and Mobile Banking 52

The Payments Association

NOVEMBER 18, 2024

How fintechs are challenging traditional banks in the merchant services space, posing a threat to banks’ core business and revenue streams. The shift driven by fintechs could erode banks’ dominance, forcing them to modernise or risk losing a significant share of the market. Why is it important? What’s next?

FinTech 88

FinTech Online and Mobile Banking Acquirers Fraud Prevention 88

Stax

APRIL 18, 2024

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Typically, the merchant’s payment processing software will build the credit card processing rates into their fee. Card Network (e.g., Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Clearly Payments

DECEMBER 9, 2023

Navigating the realm of payment processing unveils three key players: acquirers, ISOs, and aggregators. Acquirers: The Foundation of Payment Networks At the heart of payment processing, acquirers, often referred to as acquiring banks , play a foundational role.

ISOs 59

ISOs Acquirers Credit Cards MSPS 59

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Finovate

SEPTEMBER 20, 2024

Before that, we were talking about Ireland’s Central Bank and its search for top fintech talent, new investment in mobile payments in the Philippines , and the pace of digital transformation in India’s financial services sector. You joined TBC a few years after the bank expanded to Uzbekistan. Why Uzbekistan?

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. But to seamlessly receive these payments as a merchant, you’ll need merchant processing services.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance.

Payments 79

Payments BNPL Value Added Service ISOs 79

Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Acquiring Bank: The business’ (i.e.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

EBizCharge

AUGUST 12, 2024

Intermediaries like merchant acquirers that facilitate these digital transactions play a crucial role. This article will outline a merchant acquirer’s specific functions and obligations and what businesses should consider when selecting one. What is a merchant acquirer?

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

Stax

MARCH 15, 2024

Because more credit card-oriented purchases take place online, security and fraud protection are top priorities. Making sure there are secure payment technology policies and procedures within your company will guarantee the integrity of present and future transactions. Learn More Related Content: What is a Payment Gateway?

Process 88

Process Security PCI DSS Encryption 88

CB Insights

JUNE 5, 2018

Payments systems vary across the globe, from cash-based economies to those driven by credit. In Kenya, anyone with a mobile phone — smartphone or not — can use M-Pesa to send money, pay for things, and access credit. LIVE briefing: Payments around the world. In contrast, mobile payments in the US have yet to catch on.

Online and Mobile Banking 68

Online and Mobile Banking Debit Card Credit Cards Payment Gateways 68

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. Card Network: The credit card network sends the transaction details to the issuing bank (the customer’s bank) for authorization.

Process 59

Process Processors Online and Mobile Banking Payments 59

Stax

JANUARY 10, 2024

Basics of Credit Card Fees Credit card fees refer to a range of charges that are imposed by credit card issuers on cardholders and merchants for completing credit card payments, either online or in person. They are set by the network and passed on to merchants through their bank and the card brands they accept.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

EBizCharge

APRIL 25, 2024

To accomplish this, your company will need a merchant account and reliable software to provide convenient customer payment options and effectively manage funds. Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Fintech News

SEPTEMBER 17, 2024

UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that enables instant money transfers between two bank accounts through a mobile platform. The RBI is also planning to introduce interoperability for Internet banking transactions, with an expected rollout in the current year.

Digital Payments 88

Digital Payments Credit Cards Payments Online and Mobile Banking 88

EBizCharge

MAY 15, 2024

Payment Terms: Before the transaction occurs, both parties agree on payment terms, including the payment due date, acceptable payment methods, and any discounts or penalties for early or late payment. Payment Initiation: Once the buyer receives the invoice, they initiate the payment process.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

Exact Payments

OCTOBER 30, 2023

The world of payment processing has evolved rapidly since the early days of credit card payments. With the explosion of cloud-based software, e-commerce, and mobile payments, a significant portion of transactions now take place online. Independent sales organizations ISOs are a type of merchant services provider.

Facilitators 52

Facilitators Processors Payment APIs and Integration ISOs 52

Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 85

FinTech Online and Mobile Banking Blockchain Product 85

EBizCharge

MAY 20, 2024

Payment portals NetSuite’s payment portal enables businesses to offer a self-service experience where clients can view their billing history, update payment information, and make payments online. Payment processor: A NetSuite payment processor handles credit card payment details.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

Payment Savvy

JULY 3, 2024

When a customer uses their debit card to make a purchase, the funds are directly withdrawn from their checking account, as opposed to credit card transactions where the funds are borrowed from the issuing bank. Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Fintech News

JUNE 3, 2024

The firm counts 20 Indonesian fintech companies in its portfolio, including open finance startup Finantier, crypto investment app Nobi, SME finance platform Fazz, and SME banking platform KoinWorks. East Ventures East Ventures, headquartered in Indonesia, is a pioneering and leading sector-agnostic venture capital firm.

FinTech 100

FinTech Boot Camp Participant Online and Mobile Banking 100

Stax

DECEMBER 20, 2023

Optimize your credit card processing speeds Slow transactions are, at best, an annoyance to customers, and at worst, result in lost sales, especially online. For instance, you should reduce the amount of prompts that an employee or customer might have to click through in order to actually proceed with payment.

Credit Cards 88

Credit Cards Small Business Process Security 88

EBizCharge

AUGUST 8, 2024

Flexibility: The agility and adaptability of Salesforce payment integrations means businesses can choose from various payment gateways and options tailored to their specific requirements. While both are crucial for facilitating online transactions, they serve different purposes and functions.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

PYMNTS

OCTOBER 24, 2017

23) that it has launched the All-in-one Payment Platform, a solution that enables companies to use a single, streamlined payment processing platform for multiple sales channels. The tool lets companies sell across online and mobile platforms, use marketplaces, offer subscription services and accept manual orders.

B2B 43

B2B Online and Mobile Banking Payments CRM 43

PayHawk

APRIL 18, 2023

A Acquirer The financial institution that processes payments on behalf of merchants. Automated Clearing House (ACH) An electronic network that enables the transfer of funds between bank accounts. B Bank Identification Number (BIN) The first six digits of a payment card number that identify the card issuer.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Ikajo

NOVEMBER 2, 2023

Payment processing refers to the process of transferring money from a customer to a merchant in exchange for goods or services. As it is essential for businesses that receive payments online, there are payment processing companies that act as mediators. To name a few, Worldline’s $8.6

Process 52

Process Processors Payment Gateways Payments 52

The Fintech Times

JULY 16, 2024

Allied Payment Network , a provider of real-time, open-network payments solutions to banks and credit unions, adds Hank Vanjaria as its new chief financial officer. Sam joined Redwood from the Royal Bank of Scotland in 2020 and has more than eight years’ experience in secured lending and asset finance roles.

FinTech 52

FinTech Online and Mobile Banking Non-Bank Payment Gateways 52

Clearly Payments

DECEMBER 5, 2023

In the intricate landscape of payment processing, merchants encounter a myriad of options, each playing a pivotal role in the facilitation of financial transactions. The 1970s witnessed the birth of electronic authorization systems, enabling real-time communication between merchants and banks to verify the legitimacy of transactions.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Clearly Payments

AUGUST 1, 2024

Interchange rates, also known as interchange fees , are the charges paid between banks for the acceptance of card-based transactions. These fees are a critical component of the payment processing ecosystem, affecting merchants, consumers, and financial institutions.

Process 52

Process Fraud Prevention Online and Mobile Banking Payments 52

EBizCharge

MAY 23, 2024

Embedded payments are the seamless integration of payment processing into business software to streamline financial transactions for users without redirecting them to external payment gateways. Embedding payments means directly incorporating payment functions into a digital service or application.

Embedded Payments 52

Embedded Payments Payment APIs and Integration ISOs Payments 52

PYMNTS

MAY 13, 2016

Karen Webster spoke with NMI CEO Roy Banks to better understand his take on the future of PayFacs and their impact on the merchant services business. As the CEO of NMI, Banks has mashed up the notion of a payments gateway with the notion of merchant aggregation to create a platform that powers this whole new category of player.

ISOs 40

ISOs Underwriting Gateways Payment Gateways 40

PYMNTS

NOVEMBER 22, 2019

Bancorp subsidiary, is acquiring U.K. payments gateway Sage Pay for $300 million. The deal comes as Sage Pay’s parent company Sage Group said in September that it was seeking “strategic alternatives for the payments business.”. Why Google’s Deal With Citi Isn’t About Becoming A Bank (But Is Still A Big Deal).

Online and Mobile Banking 43

Online and Mobile Banking Credit Union Legal Payment Gateways 43

PYMNTS

MARCH 25, 2019

The top line, of course, was the announcement that FIS would acquire Worldpay in a deal worth roughly $35 billion. Once closed, the conjoined firm will offer enterprise banking, payments, capital markets and global eCommerce services to financial institutions and businesses around the world. eBay Drafts Google Pay.

PayPal 50

PayPal Payment APIs and Integration Online and Mobile Banking Acquirers 50