Finextra

JUNE 4, 2024

Card issuer and payment processor Enfuce has teamed up with French worktech Swile to launch an all-in-one employee benefits card.

Card Issuer 64

Card Issuer Processors Issuers Payments 64

Payments Dive

JULY 14, 2022

In a blog post this week, the director reiterated that payments processors, credit card issuers and debt collectors are attracting scrutiny from his agency.

Card Issuer 97

Card Issuer CFPB Processors Issuers 97

Finovate

OCTOBER 2, 2024

The collaboration combines Cardlay’s spend management technology with Visa’s payment network, data capabilities, and market position to drive innovation in spend management for commercial card issuers and their customers. Headquartered in Denmark, Cardlay made its Finovate debut earlier this year at FinovateSpring.

Card Issuer 59

Card Issuer Commercial Card Issuers Payment Solutions 59

Finextra

DECEMBER 12, 2023

Global card issuer and processor Paymentology has hired Jeff Parker, the former SVP and managing director of Marqueta, as its new CEO.

Card Issuer 69

Card Issuer Processors Issuers 69

Fintech Review

NOVEMBER 20, 2024

Knot AccountUpdater enables card issuers using Knot’s CardSwitcher™ product to update cardholder details—including card information, name, address, and phone number—across Knot-connected merchants with a single API call, requiring no effort from the cardholder.

Transactions 52

Transactions Payment APIs and Integration Card Issuer Issuers 52

Clearly Payments

NOVEMBER 13, 2024

In payment processing, one component of the payment processing tech stack involving credit or debit cards is the Bank Identification Number or BIN. For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management.

Process 76

Process Processors Payments Compliance 76

The Paypers

MARCH 22, 2023

Credit card processor Zeta has partnered with fraud prevention company Featurespace to deliver a credit card processing and fraud detection solution for US-based issuers.

Fraud Detection 36

Fraud Detection Credit Cards Issuers Card Issuer 36

Stax

AUGUST 20, 2024

The merchant’s website will initiate a 3DS request with the customer’s card issuer on the payment page. This is the first step of the process, and it is handled directly between the merchant and the payment processor. The payment processor will send a request for authentication to the customer’s card issuer.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

Clearly Payments

JANUARY 12, 2024

Contact the Payment Processor Notify your payment processor as soon as possible. Advise them of the potential fraud and instruct them on the steps they should take, such as contacting their card issuer to report the incident and potentially canceling their affected cards.

Credit Cards 82

Credit Cards Law Enforcement Card Issuer PCI DSS 82

Finextra

FEBRUARY 27, 2024

Finnish-founded card issuer and payment processor Enfuce has secured a UK e-money licence and installed former Tide CEO and Revolut COO Laurence Krieger as chairman.

Card Issuer 49

Card Issuer Security Processors Issuers 49

Stax

OCTOBER 21, 2024

Merchants can end up paying high fees if they have many non-qualified transactions and payment processors may even abruptly change their classification criteria. The first key component is the transaction fee, which is the base cost merchants must pay for each credit card transaction.

Credit Cards 88

Credit Cards Process Processors Processing Costs 88

Payments Dive

JULY 9, 2019

Airlines, travel agencies, payments processors and card issuers all need to recognize the role that speed, reliability and efficiency must be top of mind to maintain strong relationships with your customers. Innovations in the payments space are driving significant changes in the global travel industry.

Innovation 131

Innovation Card Issuer Processors Issuers 131

PYMNTS

JUNE 30, 2020

PSCU has transformed its business model and evolved from a transactional processor and reseller of a platform partner’s products to an integrated, value-add financial technology solution provider, and we look forward to delivering the benefits of this scale to Primax clients,” he said, according to the press release.

Card Issuer 52

Card Issuer Issuers Credit Union Credit Union Service Organization 52

Synapse Payment Systems

AUGUST 25, 2022

By understanding how these fees actually work, you can find leverage to negotiate with your credit card processor and increase your profits. Understanding Credit Card Processing Fees There are three main components to credit card processing fees. Here’s an example.

Credit Cards 130

Credit Cards Transactions Processors Assessments 130

Stax

DECEMBER 20, 2023

Visa interchange fees Mastercard interchange fees Discover interchange fees American Express interchange (OptBlue) What is the total cost of accepting credit cards? Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

The Paypers

MAY 26, 2022

Global payments processor and card issuer Mastercard and ecommerce payments service provider HyperPay have announced a partnership to expand digital payments in the MENA region.

Visa 69

Visa Digital Payments Card Issuer Processors 69

Payment Savvy

JANUARY 11, 2023

If you are one of the ten million-plus American businesses with a merchant processing credit card account, the chances are you are aware of an industry term known as interchange. Each new credit card transaction is assigned to what is known as a target interchange category. That’s the most important thing you need to know.

Credit Cards 98

Credit Cards Card Issuer Issuers Processors 98

The Payments Association

NOVEMBER 4, 2024

began to grow and secure larger accounts, we realized the need to bring our card management capabilities in-house and work with an enterprise processor that could support us as we continued to scale up,” said Zach Johnson, Founder and CEO of dash.fi. . “As dash.fi

Card Issuer 88

Card Issuer Underwriting Processors Issuers 88

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Approval Code A code provided by the payment processor to indicate that a transaction has been approved.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Stax

MAY 7, 2024

Also referred to as swipe fees, these are simply fees that the merchant pays to the credit card company or credit card service providers to accept the payment. Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

EBizCharge

AUGUST 22, 2024

What are credit card decline codes? Credit card decline codes are specific error messages issued by a card issuer or bank when a credit card transaction can’t be processed. Card decline codes often vary by payment processor and card company, such as American Express or Visa.

Credit Cards 52

Credit Cards Card Issuer Issuers Point-of-Sale (POS) 52

The Fintech Times

APRIL 27, 2024

Merusha Naidu, global head of partnerships at Paymentology “As a cloud-native card issuer and processor, and one of the first issuer processors in Europe to connect to the Visa Cloud Connect endpoint in the EU, we believe the enablement of Visa services through AWS is a gamechanger,” said Merusha Naidu , global head of partnerships, Paymentology.

Cross-Border 110

Cross-Border Embedded Finance Processors Issuers 110

EBizCharge

AUGUST 12, 2024

What’s the difference between acquirers, issuers, and payment processors? When navigating the realm of credit card processing, it’s crucial to distinguish between merchant acquirers (acquiring banks), card issuers, and payment processors, as each plays a distinct role in the card transaction ecosystem.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

Stax

SEPTEMBER 17, 2024

When looking for a payment gateway, make sure it easily integrates with your payment processor, offers transparent pricing, allows you to white-label the payment experience, and has great customer reviews. What Exactly Is a Payment Gateway? It’s important to ensure that you are PCI compliant, even if you’re a smaller business.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Payment Savvy

AUGUST 3, 2023

When you run any BIN number through a checking system, you end up with accurate information about the geolocation, card issuer, and card type. Since online banking systems have become more popular and virtual cards have become a norm, BIN numbers aren’t necessarily bank-issued. Next, there is clearance.

Issuers 98

Issuers Card Issuer Processors Credit Cards 98

The Fintech Times

FEBRUARY 6, 2024

Prior to Mexico, NovoPayment has received certifications in Chile, Colombia, Ecuador, Peru and Venezuela as card issuer processors. The direct partnership with Mastercard opens the door for service providers to collaborate on initiatives that drive value, innovation and seamless experiences in the evolving payment ecosystem.

Visa 105

Visa Card Issuer Issuers Push-to-Card 105

CB Insights

JUNE 7, 2021

For example, there are approximately 300 acquiring banks in the US alone, even though there are around 200 issuer processors globally. . Financial institutions were the primary users of card-issuing technology, and their needs have remained the same over the years. The post Modern Card Issuer Marqeta Is Going Public.

Issuers 73

Issuers Card Issuer Payment APIs and Integration Innovation 73

The Paypers

AUGUST 14, 2023

Global payment processor and card issuer, Visa , has reportedly been testing a new way to allow users to pay Ethereum fees in fiat currency, using their credit card.

Card Issuer 36

Card Issuer Processors Issuers Credit Cards 36

EBizCharge

AUGUST 30, 2024

Breakdown of credit card processing fees Credit card processing fees are charged to merchants for each credit card transaction processed. Each card issuer’s interchange rates are publicly available for reference. These fees vary depending on the payment processor and the merchant’s chosen service plan.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

Stax

DECEMBER 20, 2023

TL;DR Card brands such as Visa and MasterCard along with state and federal laws prohibit debit card surcharging. Businesses can encourage cash transactions or use credit card surcharging as an additional fee to offset payment processing costs. Learn More Are Debit Card Surcharges Legal? What About Credit Card Surcharging?

Debit Card 88

Debit Card Legal Credit Cards Processing Costs 88

Synapse Payment Systems

NOVEMBER 9, 2022

The card issuer then contacts the merchant on behalf of their customer and requests that they refund the purchase price to the cardholder. If the card issuer fails to make contact or the merchant does not refund the money, the card issuer can reverse the charge on the cardholder’s statement.

Disputes 130

Disputes Card Issuer Payments Returns 130

The Paypers

MAY 9, 2023

Global payments processor and card issuer, Mastercard , has recently announced the official launch of a Data and Services Hub in Malaysia, aimed to grow capabilities in various areas.

Visa 36

Visa Card Issuer Processors Issuers 36

The Paypers

MAY 19, 2022

Global payment processor and card issuer Mastercard has announced it launched a new Biometric Checkout programme in the UAE.

Visa 55

Visa Card Issuer Processors Issuers 55

Stax

JANUARY 10, 2024

TL;DR Understanding how credit card companies charge merchants is crucial for optimizing costs and enhancing customer experience. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. PCI compliance fees.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

The Paypers

MARCH 1, 2022

Global payment processors and card issuers Visa and Mastercard have blocked multiple Russian financial institutions from their network, in compliance with the US government sanctions imposed over the ongoing war in Ukraine.

Blocks 50

Blocks Visa Card Issuer Processors 50

The Paypers

FEBRUARY 2, 2023

Global card issuer and payments processor American Express (AmEx) has recently launched its Business Blueprint cashflow management designed specifically for small businesses.

Card Issuer 36

Card Issuer Processors Issuers Small Business 36

The Paypers

OCTOBER 10, 2022

Web3-powered loyalty platform ShopNEXT has announced a new strategic partnership with global card issuer and payments processor Visa to create Shop-to-Earn, a rewards platform.

Card Issuer 36

Card Issuer Processors Issuers Payments 36