CB Insights

JULY 7, 2021

Pine Labs , a point-of-sale (PoS) fintech company, has raised $600M (INR 44.59B) with participation from BlackRock, Temasek, Fidelity Investments, and Duro Capital, among others. Its presence spans across 3,700 cities and towns in India, Singapore, and Malaysia where it has 350,000 PoS terminals.

Point-of-Sale (POS) 78

Point-of-Sale (POS) Payment Gateways FinTech Gateways 78

Stax

NOVEMBER 21, 2024

TL;DR Credit card payment processing encompasses the series of activities that enable your small business to accept credit card payments from customers and facilitate the transfers of relevant funds from the buyer’s bank account to your business account. The payment could also be made via digital means.

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Stax

FEBRUARY 26, 2024

Because the transaction takes place through a payment gateway that utilizes data encryption or tokenization to secure sensitive information during transmission, accepting payments using a virtual terminal from Stax (which is PCI compliant) is secure. How Does a Contactless Virtual Terminal Work?

Credit Cards 88

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 88

Fintech Finance

MARCH 18, 2024

Eazy Financial Services “ EazyPay ”, a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, proudly announces is collaboration with Tabby , MENA’s leading shopping and financial services apps.

BNPL 52

BNPL Point-of-Sale (POS) Payment Gateways Financial Inclusion 52

EBizCharge

NOVEMBER 12, 2024

Merchant accounts provide much value for businesses trying to accept payments, but how do they work? When a customer makes a payment, the transaction is routed through a payment gateway to the merchant account. Merchants should also have a good grasp of how payments are authorized within these accounts.

Accounts 52

Accounts Online and Mobile Banking MSPS Debit Card 52

PYMNTS

JULY 17, 2019

Visa said early Wednesday (July 17) that it has acquired Payworks , a payment gateway based in Germany focused on the point of sale (POS). The company said in a release that Payworks will be integrated into CyberSource ’s portfolio of services offered to clients.

Acquirers 77

Acquirers Point-of-Sale (POS) Payment Gateways Gateways 77

Clearly Payments

APRIL 3, 2024

Transaction Initiation Customer Payment: The process begins when a customer makes a payment using a credit/debit card or other payment methods at a merchant’s point of sale (POS) system or online checkout. Visa, Mastercard). This usually occurs within a few days.

Process 45

Process Processors Online and Mobile Banking Payments 45

Stax

APRIL 18, 2024

Payment Gateway: A service provider that facilitates communication between the merchant’s POS system and the acquiring bank’s payment processing system. The steps to process a credit card transaction Step 1: Authorization Request The process initiates when a customer presents their credit card for payment.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

AUGUST 4, 2017

Payworks, a provider of point-of-sale (POS) payment infrastructure, announced news on Thursday (Aug. 3) that its payment gateway technology will be supporting the integration of Alipay, the mobile payment provider operated by Ant Financial Services Group, for mobile payment providers and Chinese consumers across the EU.

Point-of-Sale (POS) 54

Point-of-Sale (POS) Payment Gateways Gateways Alternative Payment Methods 54

Fintech News

AUGUST 12, 2024

mPOS Vietnam: This financial services company provides a mobile-based software platform for digital payments. The mobile point-of-sale (POS) solution allows businesses and individuals to conveniently accept payments via credit cards, debit cards, QR codes, and e-wallets, and boast a customer base of 100,000 organizations.

FinTech 107

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 107

PYMNTS

OCTOBER 14, 2020

AppotaPay announced that it has received an intermediary payments license from the State Bank of Vietnam, which gives it the ability to offer electronic payment gateways as well as e-wallet and collection services, according to a Wednesday (Oct. 14) Tech in Asia report.

Point-of-Sale (POS) 52

Point-of-Sale (POS) eWallet Payment Gateways Payments 52

Stax

MARCH 14, 2024

These longer payment cycles have historically lent themself to slow payment processes, like checks, that are no longer common for B2C transactions Due to the complexity of most B2B transactions, there’s often more documentation required for the payment, such as contracts. Q: What are some of the most common B2B payment methods?

B2B 88

B2B Process B2C Credit Cards 88

Clearly Payments

FEBRUARY 14, 2024

Supporting Players in the Payment Ecosystem Payment Gateways: Payment gateways serve as the secure link between merchants’ systems and payment processors, they encrypt and transmit sensitive data. The global payment gateway market is projected to reach $49.7 trillion by 2027.

Payments 77

Payments BNPL Value Added Service Payment Gateways 77

EBizCharge

MAY 20, 2024

Payment gateway: NetSuite payment gateways act as digital conduits connecting a merchant’s payment system to the payment processing network. Payment processor: A NetSuite payment processor handles credit card payment details. How much does NetSuite payment processing cost?

Process 52

Process PCI DSS Processors Payment APIs and Integration 52

EBizCharge

AUGUST 12, 2024

Additional obligations of merchant acquirers Merchant acquirers often offer a range of other merchant payment acquiring services, such as payment gateways, electronic payment technology, and customer support for handling card transactions.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

The Fintech Times

MARCH 1, 2024

This integration enables merchants in industries that require robust KYC such as investing, gaming, trading and financial services, to simplify their customer onboarding process while guaranteeing fast payments.

FinTech 63

FinTech Point-of-Sale (POS) Consulting Embedded Finance 63

PYMNTS

DECEMBER 11, 2019

Indonesia’s ride-hailing giant Gojek is getting closer to finalizing a deal to purchase point-of-sale (POS) startup Moka for at least $120 million, Bloomberg reported, citing sources. . Gojek is striving to be a digital payments trailblazer in Indonesia, the sources said.

Point-of-Sale (POS) 52

Point-of-Sale (POS) Payment Gateways Gateways Acquirers 52

Stax

MARCH 26, 2024

Key features of online terminals include: Multi-Channel Payment Processing: Online terminals can process payments from various sources, such as credit cards, debit cards, e-wallets, and, in some cases, bank transfers. This versatility ensures that customers can use their preferred payment method, enhancing the customer experience.

PCI DSS 88

PCI DSS Encryption Payment Gateways Disputes 88

Stax

APRIL 30, 2024

However, if you’re buying the shirt online, then the payment can be processed by simply entering the card details into the device used for purchase. They consist of the hardware and software components required to process an in-person payment. It is often confused with the payment processor, but there’s a slight difference.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

EBizCharge

APRIL 25, 2024

Utilize payment processing hardware Businesses require several essential pieces of technology to facilitate smooth and secure transactions before they can start accepting payments. Cash Cash remains a popular form of payment since it offers a sense of tangibility and immediacy that other modes of payment may lack.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

PYMNTS

APRIL 5, 2017

The platform features PCI-validated P2PE and EMV for both merchants and integrated point-of-sale (POS) providers, including the GoChip SDK for EMV integration as well as Ingenico RBA Terminal Support. PayConex Plus also integrates to major shopping carts online, Bluefin said in the press release.

EMV 40

EMV Point-of-Sale (POS) Identity Theft Data Breach 40

Stax

DECEMBER 20, 2023

This could be a traditional credit card terminal, a point-of-sale (POS) system, or a mobile card reader that works with smartphones or tablets. You also need to ensure you have a payment gateway if you’re accepting online payments. Q: What’s the cheapest way to take card payments?

Credit Cards 88

Credit Cards Small Business Process Security 88

Stax

APRIL 11, 2024

Now, let’s break down various other terminology related to payment management systems you’ll encounter in your small or medium business: Merchant account providers act as a middleman between your business and the bank, allowing you to accept credit and debit cards.

Payments 88

Payments PCI DSS Compliance Processors 88

Stax

MAY 7, 2024

Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. This company accepts credit card payments and sends them to the payment network, either through an online payment gateway or a physical card reader.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Clearly Payments

NOVEMBER 6, 2024

They require secure systems like point-of-sale (POS) terminals , online checkout gateways, or mobile payment solutions to process payments. They can also offer additional services like fraud detection, chargeback management , and analytics.

Process 95

Process ISOs Credit Cards Online and Mobile Banking 95

Finovate

SEPTEMBER 20, 2024

Demand from consumers for financial services is already significant and continuing to grow, with point-of-sale (POS) digital payment volumes tripling to over $22 billion in the three years ending in 2023, with the number of POS terminals and bank cards in circulation doubling over the same time period.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Stax

NOVEMBER 6, 2023

A business must have an NFC-enabled card reader so that contactless payments can take place between the mobile devices of customers and the card reader. In most cases, your payment software or point-of-sale (POS) will offer an app that allows you to take NFC payments from mobile wallets like Apple Pay, Samsung Pay or Google Pay.

Small Business 88

Small Business Mobile Payments Mobile Payment Processing Online and Mobile Banking 88

Clearly Payments

JULY 16, 2024

Point-of-Sale (POS) Attacks: Fraudsters target POS systems to steal card information through methods such as skimming devices or malware. POS fraud incidents rose by 27% in 2023, highlighting the growing threat to physical retail locations.

Risk 52

Risk Identity Theft Phishing Account Takeovers 52

EBizCharge

JULY 2, 2024

Payment links: Payment links are URLs that merchants can send to their customers to facilitate payments. They can be shared via email, SMS, or messaging apps and direct customers to a secure payment portal. Providing various payment plans can be instrumental in collecting customer payments efficiently.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

National Merchants Association

AUGUST 5, 2022

Card Present Examples Some common examples of card present examples include using: Countertop credit card machines to physically swipe the card and get payment approval. Point-of-sale (POS) systems with credit card readers. Card present transactions include contactless payments.

Credit Cards 52

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS) 52

National Merchants Association

AUGUST 5, 2022

Card Present Examples Some common examples of card present examples include using: Countertop credit card machines to physically swipe the card and get payment approval. Point-of-sale (POS) systems with credit card readers. Card present transactions include contactless payments.

Transactions 52

Transactions Credit Cards Federal Trade Commission FTC 52

National Merchants Association

AUGUST 5, 2022

Card Present Examples Some common examples of card present examples include using: Countertop credit card machines to physically swipe the card and get payment approval. Point-of-sale (POS) systems with credit card readers. Card present transactions include contactless payments.

Transactions 52

Transactions Credit Cards Federal Trade Commission FTC 52

National Merchants Association

AUGUST 5, 2022

Card Present Examples Some common examples of card present examples include using: Countertop credit card machines to physically swipe the card and get payment approval. Point-of-sale (POS) systems with credit card readers. Card present transactions include contactless payments.

Credit Cards 52

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS) 52

Payment Savvy

JULY 3, 2024

The cardholder swipes, dips, or taps their debit card at the merchant’s physical point of sale (POS) terminal. Once the card is swiped, tapped, or details entered, the merchant’s POS system or payment gateway captures the transaction details.

Debit Card 52

Debit Card Process PCI DSS Processors 52

PYMNTS

JULY 18, 2019

But there is a dearth of solutions that don’t require the need for a complex IT integration to “stitch together” that multichannel experience from the myriad of payments environments that merchants support today.

Acquirers 57

Acquirers Point-of-Sale (POS) Void Payment Gateways 57

PYMNTS

MARCH 8, 2017

Through the partnership , Bluefin’s PCI-validated point-to-point encryption (P2PE) solution will be used to help expand the data security for companies utilizing FAC’s payment gateway. What will it mean for the payments industry as a whole?

Encryption 40

Encryption Data Breach Payment APIs and Integration Point-of-Sale (POS) 40

National Merchants Association

AUGUST 5, 2022

Card Present Examples Some common examples of card present examples include using: Countertop credit card machines to physically swipe the card and get payment approval. Point-of-sale (POS) systems with credit card readers. Card present transactions include contactless payments.

Credit Cards 52

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS) 52