Remove Acquirers Remove Settlement Remove Value Added Service
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BPC Launches New Report Exploring the Future of Next-Generation Acquiring in the Digital Economy

Fintech Finance

BPC , a global leader in payment solutions, today announced the release of its latest report, Next-Generation Acquiring: A New Reality of the Digital-Ready Future. To remain competitive, the report emphasises the shift towards Acquiring as a Service (AaaS), reducing costs while ensuring compliance and rapid innovation.

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The battle for merchant deposits: How the fintech sector is challenging banks’ core business

The Payments Association

While banks still hold the majority of merchant relationships and dominate acquiring market share in most regions, they face an existential risk. As fintechs’ superior payment solutions lure away more merchants, banks stand to lose processing revenue and all-important settlement deposits. billion in 2024.

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BPC launches new report exploring the future of next-generation acquiring in the digital economy

The Payments Association

The acquiring industry is being reshaped by four key trends redefining how merchants accept and manage payments. The emergence of specialist vertical acquirer s,catering to specific industries such as gaming, hospitality and e-commerce. Regulatory developments are further shaping the future of acquiring.

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Network International and Airtel Advance Their Strategic Rollout Plan in Key Markets

Fintech Finance

As part of this collaboration, Network will provide expertise and support for solutions including transaction processing, card management, fraud prevention, APIs sandbox, reconciliation and settlement, and online access for Airtel users. It currently serves 50 countries across the MEA region, including more than 40 African markets.

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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. billion by 2027 , reflecting the indispensable role of these technical maestros in managing transaction authorization and settlement.

Payments 104
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How to Migrate to a New Payments Platform Without Rocking the Ship

Fintech News

EquensWorldline, an OpenWay client, migrated to the Way4 acquiring platform when SEPA was introduced in Europe. Moreover, they launched a platform for 4,400 service providers through an API layer, enabling telcos, utility companies, and various startups to access their services and generate new revenue.

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The Ultimate Guide to Online Payment Processing

Stax

There are six main payment methods used in online payments, including credit & debit cards, digital wallets, ACH & bank transfers, direct debit, Buy Now, Pay Later (BNPL) services, and cryptocurrencies. The merchant account : this is a special bank account that allows you to accept and process credit and debit card payments.