Stax

MARCH 5, 2025

To accept online payments, you need a payment processor and payment gateway. The payment processor is a financial institution that handles transactions between the two banks. Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Stax

JANUARY 22, 2024

In this article, we’ll dive into the intricacies of two types of players in the eCommerce ecosystem: payment gateways and payment facilitators. The high-level difference is when and how to deploy them as part of the payment process. What is a Payment Gateway? This is the payment gateway.

Payment Gateways 88

Payment Gateways Gateways Facilitators PCI DSS 88

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The question is: how do payment service providers work and how can you choose the right one for your business?

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

The Payments Association

NOVEMBER 18, 2024

This innovation has put banks on the defensive, as fintech presents an increasingly real and immediate threat to the banks’ share of the payments market. While banks still hold the majority of merchant relationships and dominate acquiring market share in most regions, they face an existential risk. billion in 2024.

FinTech 88

FinTech Online and Mobile Banking Acquirers Fraud Prevention 88

Fintech Finance

FEBRUARY 12, 2025

Ant International , a leading global digital payment, digitisation and financial technology provider, has opened a new office location in the central business district of Al-Olaya, Riyadh, Kingdom of Saudi Arabia (KSA), following its successful technical certification as a Payment Technical Service Provider (PTSP) from Saudi Central Bank (SAMA).

Payment Gateways 59

Payment Gateways Acquirers Debit Card Digital Payments 59

The Fintech Times

APRIL 23, 2024

Fintech-as-a-service provider Soft Space and JCB International Co, the international operations subsidiary of JCB Co Ltd, have jointly introduced Malaysia’s inaugural JCB payment gateway. The post Soft Space and JCB Launch First Payment Gateway in Malaysia appeared first on The Fintech Times.

Payment Gateways 59

Payment Gateways Gateways Payment APIs and Integration Cross-Border Payments 59

PYMNTS

JULY 17, 2019

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 company said in a release that Payworks will be integrated into CyberSource ’s portfolio of services offered to clients. The offerings span payments in-store, in-app, or online.

Acquirers 77

Acquirers Point-of-Sale (POS) Payment Gateways Gateways 77

Basis Theory

JUNE 18, 2024

The card networks and payment gateways designate high-risk merchants as less safe than their normal clientele because of evidence like high chargeback rates (above 1%) or guilt by association—being in an industry associated with risk, like gambling, cannabis, and, surprisingly, e-commerce. Return to Top

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Risk Payment Gateways Gateways 88

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., merchant’s) bank.

Credit Cards 88

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

Fintech Finance

JANUARY 31, 2024

PXP Financial , the experts in payments, acquiring, fraud and data analysis services, today announces it has become a GooglePay Payment Service Provider (PSP). In addition, about 800,000 websites use it as their secure payment gateway, and about 20% of all mobile purchases are made with Google Pay.

Service Provider 52

Service Provider Payment Service Provider (PSP) Alternative Payment Methods Gateways 52

Segpay

FEBRUARY 24, 2025

There seems to be a lot of misunderstanding about the differences between a Payment Gateway, a Payment Processor and a Payment Service Provider (PSP). In the fast-paced world of e-commerce, web merchants navigate a complex landscape of payment solutions. What is a Payment Gateway?

Payment Gateways 45

Payment Gateways Processors Gateways Payment Service Provider (PSP) 45

Finovate

JANUARY 10, 2025

The company’s uP Platform offers high-penetration alternative payment methods; real-time payout disbursements; and compliant, end-to-end marketplace funds management. ReFi, which specifically helps manage the “double counting” challenge in lending, will become a part of the Experian Consumer Services Marketplace.

Innovation 64

Innovation Cross-Border Payments Payments Cross-Border 64

Ikajo

MARCH 26, 2021

Today we will take a look at payment gateways – the key intermediaries in online settlements. What is a payment gateway? A payment gateway is a hardware and software complex that allows merchants to automate the process of accepting payments via the Internet. How to choose a payment gateway?

Payment Gateways 52

Payment Gateways Gateways Process Online and Mobile Banking 52

PYMNTS

JANUARY 7, 2020

Financial institutions (FIs) are facing an all too familiar challenge: Customers and clients are increasingly demanding fast, data-rich products and services, yet their legacy core payment processing systems are often antiquated. These challenges are especially acute for merchant service providers (MSPs) and the clients they serve.

MSPS 53

MSPS Service Provider Value Added Service ISOs 53

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

Fintech Review

JANUARY 28, 2024

Shape Technologies is revolutionizing the payments industry with its cutting-edge payments-platform-as-a-service, designed to empower payment service providers globally. Shape’s mission is to get payments businesses to market quicker. Shape’s mission is to get payments businesses to market quicker.

Payments 111

Payments Payment Gateways Acquirers Automation 111

Finovate

APRIL 4, 2025

Banco Santander has been active in the Canadian market since acquiring car financing company Carfinco Financial Group in 2014. The firm applied for a Schedule II banking license in 2019, which allows subsidiaries of foreign banks to offer financial services including deposits, lending, wealth management, and credit cards.

Mitigation 59

Mitigation Cross-Border Acquirers Security 59

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 104

Payments Value Added Service ISOs BNPL 104

PYMNTS

JULY 18, 2019

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).

Acquirers 57

Acquirers Point-of-Sale (POS) Void Payment Gateways 57

Fintech Finance

MAY 15, 2024

One of the leading banking groups in the Middle East, North Africa and Turkey (MENAT) region, Emirates NBD and Pine Labs , a prominent merchant commerce omnichannel platform, partner to ensure that companies across the region have access to the latest, and best, payment solutions.

Acquirers 52

Acquirers Payment APIs and Integration Payment Gateways Payment Solutions 52

Fintech Review

JANUARY 28, 2024

Shape Technologies provides a dynamic payments-platform-as-a-service (“PPaaS”), offering its fully customisable platform to payment service providers (“PSPs”) the world over. Shape’s mission is to get payments businesses to market quicker.

Payments 98

Payments Payment Gateways Automation Gateways 98

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? If approved, the merchant completes the sale.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

The Fintech Times

JANUARY 21, 2025

EAZY Financial Services ‘EazyPay’, a Bahraini financial institution specialising in point-of-sale (POS) and online payment gateway acquiring services, has teamed up with Tarabut , the MENA region’s regulated open banking platform.

FinTech 59

FinTech Payment APIs and Integration Multi-Currency Online and Mobile Banking 59

Stax

APRIL 18, 2024

Merchant: The business or entity selling goods or services and accepting credit card payments. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments. Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

JANUARY 12, 2021

Drilling down into the pilot program, it will be executed via its partners including Computer Engineering Group , an IT services provider, and the software is being hosted on Microsoft’s Azure cloud platform. NMI’s card payment gateways, geared toward retail POS (eCommerce, in-person and self-service), process more than 1.2

Contactless Payments 99

Contactless Payments Visa Payment Gateways Payments 99

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. This includes credit card payments, debit cards, and other payment options that require a merchant account to process payments, such as eChecks and ACH.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

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. In order to receive card-based payments, businesses need to have a merchant account. Otherwise, they can also decline the payment.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Stax

MARCH 15, 2024

Secure payment systems are easy to implement, as you use your payment processor to create a secure payment gateway. By combining a secure payment system with secure payment habits like not collecting excess data from customers, you’ll go a long way in safeguarding your business against fraud.

Process 88

Process Security PCI DSS Encryption 88

PYMNTS

SEPTEMBER 2, 2020

Across The Payments Orchestration Ecosystem. Firms worldwide are investing in new payment integrations to meet customers’ increasing demands for digital payment experiences. Recent studies suggest that the payments gateway market is on course to grow at a compound annual growth rate (CAGR) of 16.4

Digital Payments 75

Digital Payments Payment Gateways Gateways Payments 75

The Fintech Times

MAY 26, 2024

Emirates NBD , the banking group for the Middle East, North Africa and Turkey (MENAT), is joining forces with Pine Labs , a merchant commerce omnichannel platform, to provide the latest payment solutions to companies across the region. With this, we will provide acquiring solutions for them – both in-store, as well as online.

Payment Solutions 59

Payment Solutions Payment Gateways Gateways Acquirers 59

Stax

DECEMBER 9, 2024

Use clear and concise descriptors that accurately reflect your business name and the purchased goods or services. Prioritize Customer Service Provide exceptional customer service to address any issues or concerns promptly. The merchant processes the payment using a card terminal or an online payment gateway.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

Stax

DECEMBER 6, 2024

operated as a payment processing firm for financial institutions and service providers. Over the decades, it underwent multiple mergers and acquisitions, significantly shaping its trajectory in the financial services sector. Q: What are the payment processing costs and other fees associated with Worldpay by FIS?

Payment APIs and Integration 88

Payment APIs and Integration Payment Gateways Credit Cards Fraud Prevention 88

The Paypers

APRIL 7, 2020

Harbour & Hills , a Hong Kong-based B2B payments service provider, has acquired a controlling stake in Global Envoi (GEL), a payments processor with functionalities in clearing payments to China.

B2B 36

B2B Payment Gateways Gateways Processors 36

Clearly Payments

SEPTEMBER 13, 2024

A Payment Orchestrator is a service that enables businesses to manage and optimize their payment processing by connecting to multiple payment providers and processors through a single platform. This integration helps businesses expand globally by supporting local payment methods.

Payment APIs and Integration 104

Payment APIs and Integration Multi-Currency Payments Gateways 104

EBizCharge

MAY 15, 2024

Below is the eight step process B2B payments need to go through to be processed. Invoice Generation: The process begins with one business providing goods or services to another. The seller generates an invoice detailing the products or services provided, along with their prices and any applicable taxes or fees.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

OCTOBER 16, 2018

In a press release, NMI said the solution enables the company’s partners to deliver a simpler payment platform to merchant clients that meets all the points of engagement. By using a unified token, NMI is able to provide a singular view of customer and payments data.

EMV 62

EMV Payments Processors ISOs 62

Exact Payments

OCTOBER 30, 2023

There are several entities and technologies that interact in order to facilitate the transaction process, including: Payment processors Payment processors are service providers that operate as intermediaries between the customer’s bank and the merchant’s bank.

Facilitators 52

Facilitators Processors Payment APIs and Integration ISOs 52