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

Fintech Finance

Key Highlights of the Partnership: Innovative Payment Solutions: The collaboration will introduce a seamless payment experience, combining Surfboard’s cutting-edge payment terminals and SoftPOS solutions with Cardstream’s robust online payment processing infrastructure and industry-leading PayFac-as-a-Service platform.

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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 has been having a good year when it comes to merchant processing.

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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 launch includes both commercial VRP “One Click Payment” and standard Open Banking payment “Pay by Bank”, powered by Antom, Ant International’s global merchant payment processing solution.

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Phos Partners with Shift4 to Bolster Merchant Acquiring Capabilities Across Europe

Fintech Finance

Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, announced today a new strategic partnership with Phos by Ingenico, the global leader in software point-of-sale (SoftPOS) orchestration for businesses, to bolster Phos’ acquiring capabilities and expand adoption of its SoftPOS solution for merchant customers across Europe.

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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.