Remove Acquirers Remove Payment Gateways Remove Point-of-Sale (POS)
article thumbnail

What is a Payment Gateway and How Does It Work?

Stax

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

article thumbnail

Mutual Trust Bank Implements New Payment Gateway to Enhance E-Commerce Acquiring Capabilities

The Fintech Times

Bangladesh-based bank, Mutual Trust Bank PLC , has successfully migrated its e-commerce acquiring services to a payment gateway from UK-based paytech Compass Plus Technologies. We look forward to continuing our collaboration to bring advanced payment solutions to the Bangladesh market.”

article thumbnail

Visa Acquires Germany-Based Payworks

PYMNTS

Visa said early Wednesday (July 17) that it has acquired Payworks , a payment gateway based in Germany focused on the point of sale (POS). The offerings span payments in-store, in-app, or online.

article thumbnail

This BlackRock-Backed Fintech Company Raised $600M To Expand Its Payment Services In Southeast Asia

CB Insights

Pine Labs , a point-of-sale (PoS) fintech company, has raised $600M (INR 44.59B) with participation from BlackRock, Temasek, Fidelity Investments, and Duro Capital, among others. The company has reportedly processed an annualized gross transaction value (GTV) of $1B and payment gateway transactions worth $20.1M (INR 150 crore).

article thumbnail

EazyPay to provide Tabby's buy now, pay later on POS temrinals network

Finextra

Eazy Financial Services “EazyPay”, a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, proudly announces is collaboration with Tabby, MENA’s leading shopping and financial services apps.

article thumbnail

Bahrain's EazyPay joins forces with Visa

Finextra

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.

article thumbnail

Why Visa Acquired PayWorks

PYMNTS

And then there is the increasing pressure for merchants to deliver a seamless payment experience for a consumer who will accept nothing less when on a shopping journey. Filling that void was the motivation behind Visa’s announcement Wednesday (July 17) to acquire PayWorks, a Munich-based payment gateway for the point of sale (POS).