PayHawk

APRIL 18, 2023

The world of payment processing can be as complex as you let it be, but, one this is for certain, there are thousands of terms that merchant service providers discuss, and oftentimes, merchants are left clueless about their meanings. A Acquirer The financial institution that processes payments on behalf of merchants.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Basis Theory

OCTOBER 1, 2024

Third-Party Service Provider ( TPSP or "service provider") refers to an entity other than the Merchant, Acquirer, or Issuer involved in storing, processing, or transmitting card data. Deciding between maintaining PCI compliance in-house vs. using a service provider.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Payment Savvy

FEBRUARY 6, 2023

ISOs can offer companies payment processing services as they are partnered with acquiring member banks or payment processors. Essentially, Independent Sales Organizations take the role of middle-man between acquiring banks and merchants, taking on the responsibilities of connecting merchandisers with banks or other payment processors.

ISOs 52

ISOs MSPS Processors Facilitators 52

The Fintech Times

DECEMBER 24, 2024

We hadnt planned to launch our white-label service as soon as we did, but the level of interest from payment providers was such that we strived to get it to market sooner. In its most simple form for acquirers, payment orchestration is not a tool to encourage the race to the bottom, it is a route to value creation.

Payment APIs and Integration 59

Payment APIs and Integration On-Demand Acquirers Value Added Service 59

Stax

AUGUST 22, 2024

Think of them as service providers that rent their master merchant accounts to their clients. Cyberattacks, human errors, third-party service provider failures, and system disruptions all come under operations risk. You may be able to get better pricing, timely support, and enhanced services as a result.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

JUNE 3, 2020

There is a similar shift occurring in another area of financial services, says Stuart Hall from PayRun.io, which was recently acquired by U.K.-based FinTechs , on the other hand, have leapfrogged over legacy technologies to form digital-native companies. based Payescape. ” Particularly in the U.K.

Payroll 52

Payroll Faster Payments API Payment APIs and Integration 52

Ikajo

FEBRUARY 24, 2022

POP facilitates front-end and back-end integration between a merchant’s website and various payment service providers (PSPs). Due to a unified interface, simplified integration can be achieved along with access to various payment methods, fraud prevention, and additional features supplied by service providers.

Payment APIs and Integration 52

Payment APIs and Integration Payments Gateways On-Demand 52

PYMNTS

JANUARY 17, 2020

Plaid’s API provides a powerful and popular tool by which third-party service providers can gain easy access to a consumer’s bank account — which has all kinds of applicable potential for the card network. In terms of mechanics, the acquisition — which involves a cash payment of $4.9

Payment APIs and Integration 52

Payment APIs and Integration Instant Payments Payments Settlement 52

PYMNTS

MARCH 7, 2019

Walmart officials say they are reassessing terms of contracts with third-party service providers, with an eye toward handling more deliveries in-house and converting part of its inbound highway freight to lower-cost rail shipping. 8 , which is the incubation unit it rolled out in 2017.

Consumer 40

Consumer Product Third-Party Service Provider Process 40

Fintech Finance

DECEMBER 20, 2023

1 global acquirer, to amplify its payment channels and elevate its payment capabilities. Acquired by the global financial technology leader FIS (NYSE:FIS) in 2019, Worldpay stands as the top acquirer on Nasdaq in terms of market capitalization and is also recognized as the largest global acquirer based on general-purpose transaction volume.

Third-Party Service Provider 52

Third-Party Service Provider NFTs Visa Cross-Border Payments 52