article thumbnail

Computop Integrates Wero Into Mobility Offer ‘Pay to Drive’

Fintech Finance

With its Pay to Drive mobility suite, payment service provider (PSP) Computop is bundling payment methods and services for the mobility sector. In future, the new European payment method Wero will also be available for payment at the charging station or petrol pump.

article thumbnail

What is a Payment Service Provider (PSP) and How Do They Work?

Stax

Learn More Understanding Payment Service Providers (PSPs) A payment service provider helps businesses with the acceptance and processing of payments made via electronic payment methods, including credit cards, debit cards, digital wallets, ACH transfers, and payment apps.

article thumbnail

So you’re a high-risk merchant, now what?

Basis Theory

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.

article thumbnail

Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

Fintech Finance

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE.

Visa 110
article thumbnail

Aleph Acquires Controlling Equity Interest in Localpayment and Targets $1.4 Trillion Digital Payments Market

Fintech Finance

This deal accelerates our growth and gives us direct access to the global digital platforms, brands and online retailers that Aleph has long been associated with and provides them with a compelling combined offer.” The post Aleph Acquires Controlling Equity Interest in Localpayment and Targets $1.4

article thumbnail

Computop Appoints Kenneth M. Overgaard-Nielsen to the Management Board

Fintech Finance

Overgaard-Nielsen joins the management team of the German payment service provider (PSP) Computop as Chief Operation Officer (COO). Overgaard-Nielsen is joining from Nexi Group to the leading PSP in German online retail. As of 2nd September, Kenneth M.

article thumbnail

Aleph acquires controlling interest in LatAm's Localpayments

Finextra

Aleph, a leading ecosystem of global digital experts and technology-driven solutions that enables the growth of global digital marketing, today announced the acquisition of a controlling equity interest in Localpayment, a fast-growing Payment Service Provider (PSP) in Latin America, transforming the digital landscape by combining first class digital (..)