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U.S. Bank developing payments tech for SMBs

Bank Automation

Bank expects revenues from its payments segment to continue to climb as it develops and deploys technology for small- and medium-sized businesses. billion in payments revenue in the second quarter, up 2.7% Merchant payments processing revenue accounted for 84.3% […] The $669 billion bank reported $1.1

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Finding the 'pot of gold' in small-merchant payment processing

Payments Source

As American Express and Citigroup clashed over which issuer would get the coveted Costco Warehouse credit card business, one area remained undisputed and out of their hands: Payment processing for Costco's small business clients.

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Surfboard Payments Announces Partnership With Cardstream Group to Deliver Innovative Payment Solutions

Fintech Finance

This collaboration underscores both companies’ commitment to innovation and excellence in the payment industry. The post Surfboard Payments Announces Partnership With Cardstream Group to Deliver Innovative Payment Solutions appeared first on FF News | Fintech Finance.

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Ant International and Yapily Launch Europe’s First Commercial Variable Recurring Payments for e-Commerce, in Partnership with HungryPanda

Fintech Finance

This new payment method debuts first on HungryPanda, the leading Asian food delivery platform, offering a more convenient and seamless option for customers making mobile payments.

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Payroc, Ethos to enable crypto payments at participating merchant locations

The Paypers

(The Paypers) Payroc , a merchant services and payment processing organization, has teamed up with Ethos.io PTE to create a cryptocurrency merchant payment processing service.

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JPMorgan Chase Crosses $1 Trillion Mark With Merchant Processing

PYMNTS

12) it crossed the $1 trillion mark in merchant payments processing volume for 2016 as of 11:06 p.m. According to JPMorgan Chase , merchant processing volume has grown annually from $750 billion in 2013 to nearly $950 billion in 2015. JPMorgan Chase announced Monday (Dec. Eastern Sunday (Dec.

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Why Direct-to-Consumer Payment Models Will Become A Mainstay

PYMNTS

As consumers will likely rely more on delivery for common household items and food, the payments industry will see the DTC industry expand. However, the transition from retail to DTC should be strategic.