article thumbnail

BPC and Arkwright Consulting Report Reveals that Challenger Processors are Growing at Four Times the Rate of the Overall Card Processing Market

Fintech Finance

The report provides an analysis of past and present market trends, emerging technologies driving growth in the industry, and the growing market share of challenger processors. As challenger processors continue to dominate new client acquisitions and increase their market share, they are reshaping the card processing industry.

article thumbnail

BPC: Challenger Processors Outperform Incumbents, as Fintechs Value Flexibility ‘Above All Else’

The Fintech Times

Challenger card processing models are significantly outperforming incumbents, according to a new report by BPC , the global payment solutions provider, produced in partnership with Arkwright Consulting.

article thumbnail

Stax Acquires BlockChyp, Adding Payment Gateway and Expanding End-to-End Capabilities

Stax

Acquisition of BlockChyp brings new technology and industry expertise to Stax, furthering its evolution as a leading payment processor ORLANDO – October 1, 2024 – Stax , a leading payment technology provider, today announced its acquisition of BlockChyp , further expanding the company’s end-to-end processing capabilities.

article thumbnail

What is a Payment Processor?

Clearly Payments

In the intricate landscape of payment processing, merchants encounter a myriad of options, each playing a pivotal role in the facilitation of financial transactions. The Definition of a Payment Processor A payment processor is a financial service provider that facilitates transactions between a seller (merchant) and a customer.

article thumbnail

What Are Payment Processors and How Do They Work?

Nanonets

Payment processors are financial institutions that help merchants accept credit, debit and other forms of electronic payments. In addition, some payment processors offer merchant services such as fraud prevention, customer management tools and reporting. What is a Payment Processor? per transaction.

article thumbnail

The Long Term Impact of COVID on the Payments Market

Clearly Payments

Among the sectors affected is the payment processing industry , which has undergone rapid transformation in response to the unprecedented challenges posed by the pandemic. This article covers the impact of COVID-19 on payment processing, supported by data and statistics that highlight the scope and scale of these changes.

article thumbnail

Mastering Integrated Payment Processing: What to Look for in Integrated Payment Providers

Exact Payments

In today’s ever-evolving digital landscape, integrated payment processing has emerged as a key to business success. Whether you’re running an e-commerce platform, a cutting-edge software-as-a-service (SaaS) solution, or any digital enterprise, choosing the right integrated payment provider is paramount.