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Kazang Pay Launches Card Acquiring Service in Zambia

Fintech Finance

Kazang , the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has launched its Kazang Pay card acceptance solution for merchants in Zambia. million debit, credit and ATM cards in issue and 41,000 point of sale (POS) terminals in place.

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Shift4 Acquires Majority Stake of German Point-of-Sale Company Vectron Systems Ag and Completes Previously Announced Acquisition of Revel Systems

Fintech Finance

Shift4 , the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG , one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals.

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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 joint offering, according to the release, will provide acquirers and payment service providers with “a modern, fully white-labeled omnichannel payment management platform.”

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Shift4 acquires majority stake in hospitality POS business Vectron

Finextra

Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals.

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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. ” Mutual Trust Bank currently boasts a network of 120 branches, 306 ATMs and over 4000 Point of Sales (POS) machines.

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UK FinTech SumUp Acquires POS Firm Goodtill

PYMNTS

global payments service firm SumUp has acquired point-of-sale (POS) software provider Goodtill for an undisclosed amount. The company also acquired Shoplo for eCommerce last year and Debitoor, for accounting and invoicing, in 2018.

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Synchrony to acquire Ally Financial's POS financing business

The Paypers

US-based Synchrony has reached a definitive agreement with digital financial services company Ally Financial to acquire the latter’s point-of-sale (POS) financing business