Remove Acquirers Remove Payment Gateways Remove Value Added Service
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New Data: Why MSPs Are Staking Their Futures On Value-Added Services

PYMNTS

Businesses need help to access and deploy these powerful tools, however – and this means their merchant service providers (MSPs) must be prepared to step up. Many MSPs, including acquirers, independent sales organizations, payment gateways and payment facilitators, are starting to recognize this.

MSPS 52
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barq Signs Agreement With Mastercard to Empower Businesses With Advanced Payment Acceptance Technology

Fintech Finance

The strategic agreement will see barq leverage Mastercard Gateway technology to further equip its merchants and consumers around the Kingdom with greater access to a wide range of value-added services — responsive, personalised solutions that cater to their unique needs and preferences.

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An Overview of the Payments Ecosystem in 2024

Clearly Payments

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.

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HyperPay Signs Collaboration Agreement with Capital Bank

Fintech Finance

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 agreement covers three key areas to provide the highest quality services to both merchants and customers.

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Worldline Strengthens Ties With Asda, the UK’s Third-largest Grocery Retailer

Fintech Finance

To ensure a seamless payment experience for ASDA’s customers, the entire payment process chain is consolidated under Worldline as a single provider. This partnership is expected to significantly increase transactions through Worldline’s payment gateway.

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NEW DATA: Why 63 Pct Of Merchant Services Providers Want A Payments Overhaul

PYMNTS

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
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The battle for merchant deposits: How the fintech sector is challenging banks’ core business

The Payments Association

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