PYMNTS

MARCH 3, 2020

Global FinTech payments firm Fiserv announced on Tuesday (March 3) that it has acquired MerchantPro Express to help it advance the merchant services division of its business. Platform analytics help businesses expand by lowering expenses associated with processing costs and offering a cross-section of transparent, personalized services. “We

Acquirers 63

Acquirers Point-of-Sale (POS) ISOs Processing Costs 63

Stax

FEBRUARY 15, 2024

FIS Global reports that in Norway, Sweden, and other Scandinavian countries, more than 90% of transactions processed at point-of-sale (POS) in 2023 were cashless. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

AUGUST 1, 2024

charge interchange fees which, on top of other credit card processing fees, can eat away at your profits. As such, credit card surcharging can be beneficial for offsetting these costs. With it, merchants can transfer the processing costs to customers who choose to make credit card payments.

Rules 88

Rules Credit Cards Caps Processors 88

Stax

APRIL 18, 2024

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Payment Savvy

JULY 3, 2024

Let’s take a closer look at each stage: Authorization The process begins in person or online. The cardholder swipes, dips, or taps their debit card at the merchant’s physical point of sale (POS) terminal. This information is then sent securely to the acquiring bank.

Debit Card 52

Debit Card Process PCI DSS Processors 52

EBizCharge

MAY 20, 2024

Payment gateway: NetSuite payment gateways act as digital conduits connecting a merchant’s payment system to the payment processing network. Acquirer: An acquirer is a financial institution with the authority to process credit and debit card transactions on behalf of a merchant.

Process 52

Process PCI DSS Processors Payment APIs and Integration 52