FIS plans to spin off merchant unit
Payments Dive
FEBRUARY 13, 2023
The payments processor plans to spin off its merchant business, which will reclaim its Worldpay name, and appointed its former CEO, Charles Drucker, to lead the unit.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
Payments Dive
FEBRUARY 13, 2023
The payments processor plans to spin off its merchant business, which will reclaim its Worldpay name, and appointed its former CEO, Charles Drucker, to lead the unit.
Payments Dive
OCTOBER 2, 2023
California passed a law last week forcing use of a gun merchant code, but other states have done the opposite. Now, maybe Congress will act.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Payments Dive
JULY 31, 2023
The Federal Reserve’s new instant payments system is driving more merchant interest in pay-by-bank capabilities for consumers, a Fiserv executive said.
Payments Dive
MARCH 5, 2024
The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.
Payments Dive
JULY 10, 2023
The purchase gives Merchant Lynx Services a payment acceptance presence in the highway construction and large equipment sector, a Merchant Lynx executive said.
Payments Dive
SEPTEMBER 10, 2022
An international standards body approved a new merchant code that will apply to gun sellers for transactions using credit card networks like Visa and Mastercard.
Payments Dive
SEPTEMBER 27, 2023
Block’s merchant business, facing stiffer competition in the point-of-sale space, has added about a dozen new features for its sellers.
Payments Dive
APRIL 16, 2024
As crucial as it is to focus on your core business, today’s merchants demand a broader range of services from their providers. Can embedded finance help solve this core competency problem?
PYMNTS
DECEMBER 4, 2020
But for payments, the new year will dawn with a combination of disruption and innovation. At a high level, the consumer is proving resilient (and Blair noted that even B2B spend, across the MerchantE platform, has been on the upswing). “In Simply making those options available to merchants is not, on its own, enough.
PYMNTS
AUGUST 3, 2020
Mobile payments penetration has historically faced a gap in Southeast Asia , Joel Neoh , founder of leading regional online-to-offline company Fave , told Karen Webster. Three years ago, when we first started, there was a gap in merchant acceptance,” Neoh said. Merchants need digitization, and at the core of that is payments.”.
PYMNTS
DECEMBER 30, 2020
Other polls show that nearly half of all consumers who use point-of-sale (POS) financing solutions — including BNPL — would not shop with merchants that did not offer them. A survey found that 15 percent of the nation’s consumers are using the payment method for their purchases, compared to just 4 percent in 2019.
Payments Dive
SEPTEMBER 26, 2022
The use of biometrics to authenticate payments is poised to bring more security and speed to transactions, but some say broad adoption on the part of consumers and merchants is still far from reach.
PYMNTS
JUNE 24, 2020
The pandemic has spurred a shift in the payments ecosystem, as businesses of all stripes have seen the need to keep cash in the till, to eye the ripple effects that may ripple across their supply chains — especially as disputes take shape. Here’s the rub: When charges are disputed, a merchant may typically cover the charge.
Payments Dive
FEBRUARY 3, 2023
Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed.
Payments Dive
JUNE 28, 2023
The card aimed at providing more financial services to merchants comes amid a slew of competition to serve that clientele.
Payments Dive
MARCH 13, 2023
In a world where merchants expect fast and easy payments, the time required for ISOs and ISVs to complete arduous technical onboarding processes can cost sales and damage reputations.
PYMNTS
NOVEMBER 17, 2020
Shopify has expanded its payment options for merchants with a new partnership with Alipay , China’s payments app. The deal will unlock “the power of cross-border commerce for Shopify’s merchants,” Shopify said in a press release that called Alipay “Asia's leading digital wallet platform.”
Payments Dive
APRIL 4, 2024
The payments processing giant is providing support to extend the Brazilian instant payments system to merchants and consumers around the world.
Payments Dive
MARCH 16, 2018
While most consumers today likely view bitcoin, bitcoin cash and alternatives such as Ethereum and Litecoin as assets, some payments companies in the past couple of months have announced plans for consumers to more easily use cryptocurrencies as payment, and merchants to accept them.
Bank Innovation
FEBRUARY 2, 2020
Installment payment platform Splitit recently integrated with the payments infrastructure giant Stripe to draw new clients and speed up its onboarding process. Before, we were partnering with multiple different payment gateways in multiple different instances, which made it complex, slow and cumbersome for our merchants,” […].
PYMNTS
NOVEMBER 27, 2020
From restaurants to the farthest reaches of retail, rapid digitization is making the best of the COVID-19 mess while setting up conditions for an elevated set of future payments experiences. Payment innovations are essential in supporting the restaurants adapting to their customers’ evolving needs during this unprecedented time.
PYMNTS
OCTOBER 16, 2020
The pandemic is accelerating the great migration of merchants to online channels, and particularly online platforms. The pandemic is accelerating the great migration of merchants to online channels, and particularly online platforms. More than ever, they are now embracing multi-gateway strategies and payment orchestration.
PYMNTS
DECEMBER 7, 2020
Adflex has unveiled a new initiative aimed at boosting supply chain merchants’ ability to accept card payments from buyers as eCommerce booms amid the coronavirus crisis. Patrick Bermingham , CEO of the B2B payments specialist, said in a Monday (Dec. With Payment Links Adflex has redressed the balance.”.
PYMNTS
JULY 2, 2020
The PYMNTS Merchants Guide To Navigating Global Payments Regulations, done in collaboration with Ekata , examines rapidly changing developments in digital payments at a time when cybercrime — and identity scams particularly — are going hard on legitimate businesses. and the U.S., New Behaviors, Same Regulations.
PYMNTS
JANUARY 30, 2020
When it comes to payments in commerce, what — and who — you don’t know can hurt you. For software companies and platforms that seek to integrate payments and provide value-added services to merchants, there is the never-ending challenge of balancing trust and risk. Risks for Merchants — and Providers. The Partnerships.
PYMNTS
NOVEMBER 27, 2020
PYMNTS’ November 2020 Merchants Guide To Navigating Global Payments Regulations done in collaboration with Ekata examines issues around security and compliance as open banking continues its push across oceans and over legal hurdles and toward eventual ubiquity. Open Banking Lessons For The U.S. “The Approximately 1.1
PYMNTS
NOVEMBER 17, 2020
The number of real-time payments has risen dramatically in recent years, and APP fraud has grown alongside it. The nature of these payments means that, once they have been made, consumers cannot reverse them. Instances of APP fraud around the globe have continued to rise as real-time payment rails extend their reach.
PYMNTS
JULY 7, 2020
Merchants’ needs have changed dramatically due to the pandemic. Digitizing operations tops the list of merchant imperatives, but getting there can be a struggle — especially when it comes to digitizing the checkout experience for a post-pandemic age. alone — across “everyday spend” categories.
Payments Dive
OCTOBER 4, 2022
The payments processor’s new Carat point-of-sale offering aims to help big businesses optimize transaction data.
PYMNTS
JUNE 26, 2020
Iain McNicoll , VP of Americas/SMB for payments platform Payoneer , recently told PYMNTS that eCommerce’s market share has risen to 27 percent from just 16 percent when the pandemic began. But McNicoll added that changes are also coming for digital-first merchants. The Rebuilding Project. Overcoming the Cash-Crunch Blues.
Payments Dive
OCTOBER 6, 2022
The international standard-setting organization finalized a new specification for contactless and mobile payments, but adoption of the new approach by merchants may be slow-going.
PYMNTS
MAY 27, 2020
Merchants must be prepared for a new world, post-pandemic, that will not be purely brick-and-mortar, but will also embrace order-ahead, curbside pickup and delivery options, with a dwindling reliance on cash changing hands. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”.
PYMNTS
MARCH 11, 2020
Amid the seismic changes that have refashioned the payments landscape over the last few years — as large players get ever larger (such as the $22 billion Fiserv-First Data deal) — there is an opportunity for software-as-a-service (SaaS) companies and digital marketplaces to monetize payments. Consolidation Across Software.
Payments Dive
JUNE 6, 2023
A new tie-up between the companies will allow Worldpay’s merchant clients to tap bank-based payments from consumers.
PYMNTS
APRIL 1, 2020
billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. Network providers are very aware of those procedures, though, and have been actively seeking to claim larger shares of both the payment routing market and resultant revenues through associated fees. shoppers made 72.7
PYMNTS
SEPTEMBER 18, 2020
consumers in these geographies are quickly opening up lucrative possibilities for global merchants thanks to the availability of lower-cost smartphones and wireless broadband, the ongoing adoption of eCommerce and the move on the part of many countries to innovative their national payments infrastructure.
PYMNTS
OCTOBER 7, 2020
As merchants accelerate their digitization roadmaps, the volume of data they’re able to work with increases. But data in payment transactions provides an often-untapped opportunity for merchants to optimize their payment operations and grow their businesses, Tony Wimmer , head of data analytics for J.P.
PYMNTS
NOVEMBER 12, 2020
Buy now, pay later (BNPL) firm Afterpay has introduced new cross-border options for merchants to sell their products to consumers in Australia, New Zealand, the U.K. In addition, the company plans to allow global merchants to sell to U.S. shoppers with installment payments next year, the release stated. In the U.S.,
PYMNTS
DECEMBER 3, 2019
It’s been a wild ride for payment and merchant services in 2019. Big mergers have changed the landscape, instant and same-day payments are gaining ground, and integrated services and point-of-sale (POS) systems are reshaping transactions and even some business operations. It’s a merchant-by-merchant decision.”.
PYMNTS
DECEMBER 15, 2020
The device is a collaboration with PT Bank Central Asia and serves as an extension to the merchant super app GoBiz, the report stated. GoBiz Plus works to help merchants accept cashless payment methods for offline transaction and embrace new digital strategies.
PYMNTS
FEBRUARY 24, 2020
Tencent Holdings , the company that developed mobile payment app WeChat Pay, has teamed up with Network International to allow for the service to be available across the United Arab Emirates, according to a release on Monday (Feb 24). . Network is the leading enabler of commerce that’s digitally based, through the Middle East and Africa.
PYMNTS
OCTOBER 23, 2020
Most retailers survive by staying in tune with customers’ preferences and providing the features and payment methods they crave. Consumers’ rapidly shifting behaviors during the ongoing COVID-19 pandemic have made these tasks much more challenging for merchants, however. Following Consumers' Complex Payment Needs .
The Paypers
APRIL 19, 2024
US-based full-stack payment processor Finix has rolled out its Merchant Underwriting that automates underwriting workflows and streamlines merchant onboarding.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content