Remove Acquirers Remove Point-of-Sale (POS) Remove Value Added Service
article thumbnail

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.

article thumbnail

An Overview of the Payments Ecosystem in 2024

Clearly Payments

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. Acquiring Banks: Acquiring banks act as the conduit for funds to reach merchants, these banks provide the infrastructure for card payments.

article thumbnail

Visa’s CyberSource On The Digital Payments Evolution

PYMNTS

It’s easy to forget that, a decade ago, more than 96 percent of retail sales happened in a physical store. The decision to acquire CyberSource was an investment in building value-added services around accepting cards and various forms of digital payments online.”.

article thumbnail

Kazang Launches Card Acceptance Solution for Merchants in Zambia

The Fintech Times

Kazang , a prepaid value-added services (VAS) and card-acquiring business, has launched a new card acceptance solution in Zambia, making it more affordable for merchants to accept card payments. million debit, credit and ATM cards in issue and 41,000 point of sale (POS) terminals in place.

article thumbnail

AEVI Software Launch Targets SMB Checkout Improvements

PYMNTS

However, that also provides endless business opportunity for payment and commerce service providers, of course. The overreaching idea for this launch — and for new payments and commerce initiatives in general, especially those involving point-of-sale (POS) and checkout technology — is to provide frictionless experiences for customers.

article thumbnail

Bridging The Perception/Retail Innovation Gap For SMBs

PYMNTS

You can’t blame hypocrisy for that – not when fresh data from PYMNTS, along with a new interview with Nicky Koopman, SVP of content and value-added services at AEVI , tells a much deeper story. Smart POS Knowledge. Acquirer Role. According to Koopman, it’s partly the merchant acquirers. Bridging the Gaps.

article thumbnail

Catching Consumers In Context And How POPCodes Makes It Possible

PYMNTS

With the same solution, POPcodes also helps acquirer and ISOs better service and support their merchant community. So the company isn’t trying to sort out promo codes for online versus in-store (both work either place) or figure out how to let their loyal customers cash out their loyalty points at the point of sale (POS).