Fintech Finance

NOVEMBER 14, 2024

The partnership will focus on strengthening the Pagaloop app’s credit and debit card processing capabilities and ensuring high approval rates to facilitate the company’s continued expansion in the region. This will provide Mexican SMBs with instant cash flow support which will allow them to focus on their growth.

Credit Cards 97

Credit Cards Debit Card Payroll Economy 97

Clearly Payments

NOVEMBER 13, 2024

In payment processing, one component of the payment processing tech stack involving credit or debit cards is the Bank Identification Number or BIN. A Bank Identification Number, or BIN, is the first six digits of a payment card number, such as a credit, debit, or prepaid card.

Process 104

Process Processors Payments Compliance 104

Stax

MARCH 13, 2025

Credit and debit cards have become the preferred payment methods for many, and it isn’t hard to see why. In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. This is a win-win situation for issuing banks and credit card payment networks.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

The Payments Association

JUNE 10, 2025

For example, debit cards remain the most popular choice for everyday shopping, with 40% of millennials using them as their primary payment method in grocery stores, while 24% opt for credit cards for high-ticket online purchases.

Security 88

Security Debit Card Payments Alternative Payment Methods 88

Fintech Finance

JANUARY 13, 2025

On the other hand, it presents the Multi Card Payments option, which makes it possible to purchase a ticket using several different cards, which also makes it easier to purchase it. when the first card payment is made. This feature has recovered 2.4M+ in revenue and sees a conversion rate of 95.1%

Process 95

Process Credit Cards Payments Fraud Prevention 95

The Fintech Times

MARCH 7, 2025

ANZ and Suncorp Bank have become the first two issuers to go live with eftpos multi-network debit cards in the Google Wallet, with other issuers to follow over the course of 2025. Through the new move, merchants will be able to choose to have more payments routed via the lower-cost eftpos network.

Debit Card 59

Debit Card Issuers Payments Debit Network 59

The Paypers

JUNE 19, 2022

Israel-based fintech Rewire has acquired Imagen to provide prepaid debit cards for migrants in Israel.

Acquirers 90

Acquirers Debit Card FinTech 90

Clearly Payments

APRIL 24, 2025

How Payment Processing Fees Work When a customer pays with a credit or debit card, a few parties get a cut of the transaction. Heres a simple breakdown: Interchange fees: Interchange fees go to the customers bank (the card issuer). Assessment fees: These go to the card networks like Visa and Mastercard.

Large Merchants 99

Large Merchants Process Processors Volume 99

Stax

JULY 7, 2025

You Can’t Opt Out of Credit Card Payments Opting out of credit card processing altogether is not a viable option. Competitive pricing: Surcharging lets business owners offer competitive pricing to customers who choose to pay with alternative methods, such as cash or debit card transactions.

Credit Cards 88

Credit Cards Process Processors Debit Card 88

The Payments Association

DECEMBER 16, 2024

Whether paying with a credit or debit card, splitting payments across cards, or using alternative financing options, we believe in empowering consumers at the moment of purchase with every payment method possible. At Skipify , our vision is simple: provide shoppers the ultimate choice and flexibility at checkout.

Visa 88

Visa Product BNPL Credit Cards 88

Finextra

OCTOBER 29, 2024

PSP) is pleased to announce an agreement to acquire the NCR Atleos debit card production and transaction processing business that services a number of credit unions, financial institutions and payment networks in Canada. PSP Services Inc.

Debit Card 52

Debit Card Acquirers Transactions Product 52

Stax

MAY 6, 2025

Mobile solutions are becoming increasingly popular with popups, service professionals, and doorstep delivery services, as they enable easy payment methods such as tap-to-pay and contactless in addition to more traditional methods like swiping and dipping the card. Think: Visa, Mastercard, American Express, and Discover.

Credit Cards 88

Credit Cards Online and Mobile Banking Payment APIs and Integration Credit Card Payment Processing 88

PYMNTS

MAY 19, 2020

In today’s top news, Amazon could be in talks to buy JCPenney, and 4 million stimulus payments will be sent to consumers via Visa prepaid debit cards. Treasury: 4 Million Stimulus Payments To Be Sent Via Visa Prepaid Debit Card. Plus, Uber plans to cut 3,000 more jobs. Amazon Eyes JCPenney Buy.

Debit Card 84

Debit Card Payments IRS Treasury 84

Stax

MARCH 11, 2025

There are six main payment methods used in online payments, including credit & debit cards, digital wallets, ACH & bank transfers, direct debit, Buy Now, Pay Later (BNPL) services, and cryptocurrencies. Talk to sales How Online Payment Processing Works On the surface, online credit card processing happens in seconds.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Cardfellow

JUNE 14, 2025

Those funds are transferred to your account by what is called the member bank , acquiring bank , or merchant bank. They are in turn funded by the card-issuing bank (the same one that issued the card to your customer.) Finally, we have acquirers, independent sales organizations (ISO), and agents.

Credit Cards 69

Credit Cards Processors ISOs Visa 69

Stax

DECEMBER 20, 2023

Debit card transactions generally have lower interchange fees compared to credit card transactions. This is because debit cards are linked directly to the customer’s bank account, and the risk of non-payment or default is lower. For a $100 transaction, a swiped Mastercard debit card will cost you around 27¢.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Stax

MARCH 18, 2025

A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. Customer – The person or business paying for goods or services using a credit card, debit card, or digital wallet.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Clearly Payments

FEBRUARY 10, 2025

The Acquiring Bank The acquiring bank receives funds on behalf of the merchant. Card Networks Companies like Visa, Mastercard, and American Express ( credit card networks ) that set processing rules and fees. states, these strategies come with compliance requirements, and surcharging is prohibited for debit cards.

Small Business 66

Small Business Process Address Verification System (AVS) Cross-Border 66

Payment Savvy

JULY 3, 2024

Debit cards have become an indispensable part of our financial lives, with the majority of American adults, spanning all demographics, now possessing at least one debit card. Every merchant should prioritize taking the time to understand debit card processing to streamline operations and enhance customer satisfaction.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Payments Source

JANUARY 17, 2019

Square's new card for business owners does something very bold with debit — and very troubling for banks.

Debit Card 92

Debit Card Acquirers 92

Payment Savvy

JULY 3, 2024

Understanding debit card processing fees is important for any business that takes card payments. What Are Debit Card Processing Fees? Debit card processing fees are charges that businesses must pay every time they accept a debit card payment.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

The Fintech Times

SEPTEMBER 10, 2024

AI continues to be a hot topic in the fintech world with Polly, Tom and Francis discussing how Klarna’s continued use of the technology is on track to replace half its workforce.

Debit Card 52

Debit Card Acquirers AI Checks 52

Stax

APRIL 3, 2025

They can range from traditional payments, such as credit/debit cards and ACH payments , to modern alternative methods, such as digital wallets, mobile transactions, Buy Now Pay Later (BNPL), and cryptocurrency. It works in tandem with the customers bank or credit card provider to verify and authorize the transaction.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Finovate

SEPTEMBER 26, 2024

Visa is acquiring fraud prevention company Featurespace to enhance its own fraud detection and risk-scoring solutions. DOJ over alleged monopolization in debit card markets. DOJ over alleged monopolization in debit card markets. Visa signed an agreement to acquire fraud prevention company Featurespace today.

Acquirers 65

Acquirers Fraud Detection Fraud Prevention Debit Card 65

Payments Source

OCTOBER 12, 2018

Cross-border e-commerce is seeing explosive growth, driving a race among payment providers and acquirers to equip online sellers with the technology to accept any kind of payment in virtually any region. Credit and debit cards are the dominant payment type North American merchants accept, but are much less common elsewhere.

Cross-Border 103

Cross-Border Debit Card Acquirers Technology 103

Stax

JUNE 24, 2025

Interchange fees Interchange fees are a significant component of credit card processing fees and are charged by the card networks (Visa, Mastercard, American Express, Discover). Interchange rates are a percentage of the transaction value paid by the merchant’s acquiring bank to the cardholder’s issuing bank.

Credit Cards 88

Credit Cards Process Processors Laws 88

The Payments Association

JUNE 11, 2025

How data and AI become a growth enabler AND a compliance tool Modern fintech products, like virtual debit cards or real-time payments, create high transaction volumes. Data-driven decision-making is no longer optional—it is a competitive imperative. Our work ensures that clients stay ahead of the curve.

Risk 88

Risk Financial Crimes Crime Compliance 88

Fintech Finance

FEBRUARY 12, 2025

With the new office launch, Ant International will work more closely with local partners in the payment ecosystem to provide innovative payment solutions and inclusive financial services to local acquirers and merchants, especially SMEs doing business in KSA to empower their sustainable growth.

Payment Gateways 59

Payment Gateways Acquirers Debit Card Digital Payments 59

Stax

JUNE 8, 2025

Whether it’s using a credit or debit card, a mobile wallet, or a contactless payment solution, flexibility is critical to guaranteeing a great payment experience for your customers. They include: Issuing bank – This is the financial institution providing your customer’s payment card.

Payment Gateways 88

Payment Gateways Processors Gateways Online and Mobile Banking 88

Clearly Payments

APRIL 25, 2024

Named after its chief advocate, Senator Richard Durbin , this legislative moved was designed to fix the increasing interchange fees charged by banks for debit card transactions. Interchange fees are a largest portion of the transaction amount paid by the acquiring bank to the issuing bank for authorizing and settling the transaction.

Debit Card 101

Debit Card Federal Reserve Caps Credit Union 101

PYMNTS

JANUARY 19, 2021

In another example, he said that rewards on debit spend could be used to pay down LendingClub loans. The company said Tuesday that 77 percent of LendingClub users surveyed said they use their debit card for everyday spend; 79 percent have said they would open a checking account with the company if such rewards programs were offered.).

Acquirers 116

Acquirers Credit Cards Debit Card BNPL 116

Stax

DECEMBER 2, 2024

Several new laws seek to ban “drip pricing” or “junk fees,” and their uncertain meaning has resulted in confusion among merchants and acquirers. As a result, these laws would only prohibit credit card surcharging if the surcharge is mandatory and applied to all customers, no matter which payment method they choose.

Junk Fees 68

Junk Fees Credit Cards Push-to-Card Laws 68

Clearly Payments

MAY 22, 2025

The payment industry is packed with jargon that sounds like it was made to confuse youterms like interchange optimization, chargeback ratio, and merchant acquirer get thrown around like everyones supposed to know what they mean. General Terms Merchant A business that accepts credit or debit card payments. And thats okay.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Processors ACH 52

Fintech News

OCTOBER 7, 2024

Singaporean payment provider FOMO Pay has partnered with Visa to allow SMEs to accept Visa credit and debit card payments through the national SGQR code system. FOMO Pay becomes the first Visa QR acquirer and processor in Singapore as part of this collaboration.

Alternative Payment Methods 119

Alternative Payment Methods Cross-Border Processors Debit Card 119

Fintech Finance

OCTOBER 9, 2024

The post Aleph Acquires Controlling Equity Interest in Localpayment and Targets $1.4 Partnering with industry leaders like PayPal (NASDAQ: PYPL) and Payoneer (NASDAQ: PAYO), Localpayment by Aleph adheres to the highest standards of KYC (Know Your Customer) and compliance protocols.

Payment APIs and Integration 98

Payment APIs and Integration Digital Payments Acquirers Payment Service Provider (PSP) 98

Fintech News

OCTOBER 7, 2024

This enables businesses in Singapore and Hong Kong to accept JCB credit and debit card payments through Nuvei’s platform. Nuvei, a fully licensed direct local acquirer in Singapore and Hong Kong, recently obtained a Major Payment Institution license in Singapore.

Alternative Payment Methods 109

Alternative Payment Methods APACS Debit Card Volume 109

Fintech Finance

FEBRUARY 19, 2025

Lycamoney is a financial services company providing debit cards and international remittances to its customers. As CEO of Volopa, James will lead the development of the business, alongside a senior management team, which was strengthened in 2023 when Volopa acquired the UK branch of the American Express (Amex) FX team.

Debit Card 71

Debit Card International Payments FinTech Security 71