Stax

MARCH 18, 2025

It ensures the secure transfer of funds from a customer to a merchant via their preferred payment method. A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Finovate

AUGUST 9, 2024

Mexican fintech Stori secured $212 million in equity and debt funding. Canadian fintech Nuvei agreed to acquire Brazilian licensed Payment Institution, Pay2All. German B2B payments company Mondu secured an Electronic Money Institution (EMI) license from De Nederlandsche Bank (DNB) in the Netherlands.

Electronic Funds Transfer (EFT) 106

Electronic Funds Transfer (EFT) Cross-Border Payments Financial Inclusion Cross-Border 106

PYMNTS

APRIL 1, 2020

Major worldwide credit card networks turned their attention to the debit market in the 2000s, however, and acquired PIN networks to gain footholds in the growing space. These merchants might want to consider PINless transactions, with purchases routed over electronic funds transfer (EFT) or card networks.

Debit Card 56

Debit Card Electronic Funds Transfer (EFT) Debit Transaction Federal Reserve 56

EBizCharge

MAY 15, 2024

Payment methods commonly used in B2B transactions include bank transfers, checks, electronic funds transfers (EFT) , credit cards, and increasingly digital payment platforms. Payment Authorization: Before the funds are transferred, the payment may undergo authorization processes to ensure security and legitimacy.

B2B 52

B2B Payments Wire Transfer Payment Gateways 52