Clearly Payments

OCTOBER 10, 2024

In the payment processing industry , loyalty programs are seamlessly integrated with card transactions. Merchants leverage their payment processors to implement loyalty programs that track customer spending, reward purchases, and incentivize repeat business. These are particularly effective for credit card companies.

Processors 105

Processors Payments Credit Cards Point-of-Sale (POS) 105

The Payments Association

NOVEMBER 29, 2024

Managing fraud cases has been a top challenge for card issuers, according to recent studies. Rising operations and outsourcing costs and burgeoning fraud recovery caseloads make it especially challenging for issuers to meet chargeback deadlines and avoid cardholder write-offs.

Disputes 88

Disputes Issuers Card Issuer Payment APIs and Integration 88

Stax

OCTOBER 21, 2024

Merchants can end up paying high fees if they have many non-qualified transactions and payment processors may even abruptly change their classification criteria. The first key component is the transaction fee, which is the base cost merchants must pay for each credit card transaction.

Credit Cards 88

Credit Cards Process Processors Processing Costs 88

Payments Dive

JULY 9, 2019

Airlines, travel agencies, payments processors and card issuers all need to recognize the role that speed, reliability and efficiency must be top of mind to maintain strong relationships with your customers. Innovations in the payments space are driving significant changes in the global travel industry.

Innovation 131

Innovation Card Issuer Processors Issuers 131

Stax

MARCH 13, 2025

The interchange fee usually includes a percentage of the card transaction value and an additional fixed charge. Payment processors usually tack on additional fees on top of interchange to compensate for their services (based on their pricing model ). Card networks typically use a combination of both when setting interchange fees.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Payments Dive

JULY 14, 2022

In a blog post this week, the director reiterated that payments processors, credit card issuers and debt collectors are attracting scrutiny from his agency.

Card Issuer 97

Card Issuer CFPB Processors Issuers 97

PYMNTS

SEPTEMBER 29, 2020

Marqeta , the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company announced on Tuesday (Sept. It is used to instantly provision cards into a mobile wallet.

Card Issuer 60

Card Issuer Issuers Push-to-Card BNPL 60

Stax

DECEMBER 20, 2023

Visa interchange fees Mastercard interchange fees Discover interchange fees American Express interchange (OptBlue) What is the total cost of accepting credit cards? Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Payments Dive

JANUARY 30, 2025

The payments processor is aligning with merchants, card issuers and networks to share transaction data and use AI to fight fraud.

Card Issuer 78

Card Issuer Processors Issuers AI 78

Synapse Payment Systems

AUGUST 25, 2022

By understanding how these fees actually work, you can find leverage to negotiate with your credit card processor and increase your profits. Understanding Credit Card Processing Fees There are three main components to credit card processing fees. Here’s an example.

Credit Cards 130

Credit Cards Transactions Processors Assessments 130

Clearly Payments

JANUARY 12, 2024

Contact the Payment Processor Notify your payment processor as soon as possible. Advise them of the potential fraud and instruct them on the steps they should take, such as contacting their card issuer to report the incident and potentially canceling their affected cards.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

Finextra

APRIL 15, 2025

Intuit has signed an agreement to acquire key technology and welcome talented team members from Deserve, a mobile-first fintech company.

Card Issuer 52

Card Issuer Acquirers Processors Issuers 52

Stax

NOVEMBER 21, 2024

The customer will provide card information and transaction details on the checkout page of your website, and the data will also be captured by your online payment gateway. Authorization The credit card details captured by your POS or online payment gateway will be sent to your payment processor.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

EBizCharge

MARCH 11, 2025

By integrating a payment processor, companies can improve cash flow, reduce administrative burdens, and gain better visibility into payment activities. Here are five common payment processing fees to be aware of: Credit card processing fees: Credit card processing fees are the fees merchants pay to accept credit card payments from customers.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

EBizCharge

JANUARY 16, 2025

Since MCCs offer several advantages for businesses and consumers, its essential to understand these benefits to help you make the most of your credit card transactions. This helps credit card companies and payment processors understand what kind of goods or services are being sold. MCCs help enforce these restrictions.

Credit Cards 52

Credit Cards Processors PCI DSS Fraud Detection 52

Payment Savvy

JANUARY 11, 2023

If you are one of the ten million-plus American businesses with a merchant processing credit card account, the chances are you are aware of an industry term known as interchange. Each new credit card transaction is assigned to what is known as a target interchange category. That’s the most important thing you need to know.

Credit Cards 98

Credit Cards Card Issuer Issuers Processors 98

Finextra

SEPTEMBER 10, 2024

Finnish-founded card issuer and payment processor Enfuce is bringing its two-in-one debit and credit card to the UK, France and Germany.

Credit Cards 69

Credit Cards Card Issuer Processors Issuers 69

Cardfellow

MARCH 9, 2025

What are virtual credit cards? Virtual credit cards, as their name implies, are digital versions of credit cards. There is no physical card. Theyre linked to the customers account through their card issuer and used (primarily) for online purchases. How do customers pay with a virtual credit card?

Credit Cards 40

Credit Cards Processors Card Issuer Origination 40

EBizCharge

DECEMBER 3, 2024

The payment settlement process involves various intermediaries, including the card issuer, the acquiring bank, and the payment processor. The choice between gross and net settlements often depends on merchants’ preferences and payment processors’ policies. How long does it take for merchants to get paid?

Credit Cards 52

Credit Cards Settlement Finance Issuers 52

The Fintech Times

DECEMBER 18, 2024

Enfuce , the card issuer and processor, has partnered with Swedish banking-as-a-service (BaaS) provider SEB Embedded and fintech Humla to launch a co-branded payment card, for customers of Hemkp , one of Sweden’s largest supermarket chains.

Embedded Finance 52

Embedded Finance Card Issuer Payments Processors 52

Synapse Payment Systems

NOVEMBER 9, 2022

The card issuer then contacts the merchant on behalf of their customer and requests that they refund the purchase price to the cardholder. If the card issuer fails to make contact or the merchant does not refund the money, the card issuer can reverse the charge on the cardholder’s statement.

Disputes 130

Disputes Card Issuer Payments Returns 130

Finextra

JUNE 4, 2024

Card issuer and payment processor Enfuce has teamed up with French worktech Swile to launch an all-in-one employee benefits card.

Card Issuer 64

Card Issuer Processors Issuers Payments 64

Nanonets

NOVEMBER 15, 2023

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. The processor then settles the transaction with the card issuer.

Processors 52

Processors Office of the Comptroller of the Currency Payment APIs and Integration Debit Card 52

CB Insights

JUNE 7, 2021

For example, there are approximately 300 acquiring banks in the US alone, even though there are around 200 issuer processors globally. . Financial institutions were the primary users of card-issuing technology, and their needs have remained the same over the years. The post Modern Card Issuer Marqeta Is Going Public.

Issuers 73

Issuers Card Issuer Payment APIs and Integration Innovation 73

Finextra

DECEMBER 12, 2023

Global card issuer and processor Paymentology has hired Jeff Parker, the former SVP and managing director of Marqueta, as its new CEO.

Card Issuer 69

Card Issuer Processors Issuers 69

Payments Dive

FEBRUARY 26, 2016

Prosa has operations in eight Latin American countries and will provide mobile payment services to its customers, who comprise 95 percent of credit, debit and prepaid card issuers in Mexico.

Mobile Payments 60

Mobile Payments Card Issuer Processors Issuers 60

The Paypers

MAY 26, 2022

Global payments processor and card issuer Mastercard and ecommerce payments service provider HyperPay have announced a partnership to expand digital payments in the MENA region.

Visa 69

Visa Digital Payments Card Issuer Processors 69

PYMNTS

JUNE 30, 2020

PSCU has transformed its business model and evolved from a transactional processor and reseller of a platform partner’s products to an integrated, value-add financial technology solution provider, and we look forward to delivering the benefits of this scale to Primax clients,” he said, according to the press release.

Card Issuer 52

Card Issuer Issuers Credit Union Credit Union Service Organization 52

Payment Savvy

AUGUST 3, 2023

When you run any BIN number through a checking system, you end up with accurate information about the geolocation, card issuer, and card type. Since online banking systems have become more popular and virtual cards have become a norm, BIN numbers aren’t necessarily bank-issued. Next, there is clearance.

Issuers 98

Issuers Card Issuer Processors Credit Cards 98

The Fintech Times

FEBRUARY 6, 2024

Prior to Mexico, NovoPayment has received certifications in Chile, Colombia, Ecuador, Peru and Venezuela as card issuer processors. The direct partnership with Mastercard opens the door for service providers to collaborate on initiatives that drive value, innovation and seamless experiences in the evolving payment ecosystem.

Visa 105

Visa Card Issuer Issuers Push-to-Card 105

The Fintech Times

APRIL 27, 2024

Merusha Naidu, global head of partnerships at Paymentology “As a cloud-native card issuer and processor, and one of the first issuer processors in Europe to connect to the Visa Cloud Connect endpoint in the EU, we believe the enablement of Visa services through AWS is a gamechanger,” said Merusha Naidu , global head of partnerships, Paymentology.

Cross-Border 111

Cross-Border Processors Embedded Finance Issuers 111

Stax

AUGUST 20, 2024

The merchant’s website will initiate a 3DS request with the customer’s card issuer on the payment page. This is the first step of the process, and it is handled directly between the merchant and the payment processor. The payment processor will send a request for authentication to the customer’s card issuer.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

Clearly Payments

DECEMBER 2, 2024

This involves using a physical point-of-sale (POS) terminal to process card payments. How It Works The customer swipes, inserts, or taps their card on the POS device. The terminal communicates with the card issuer to approve the payment. How It Works Customers enter their card details during checkout.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

PYMNTS

SEPTEMBER 29, 2020

With greater digital dependency, having real-time purchase details is critical for consumers, merchants and card issuers alike,” he said, according to the release. “We We continue to collaborate with industry partners to bring clarity and simplicity before, during, and after transactions.

Issuers 97

Issuers Visa Transactions Disputes 97

The Paypers

MAY 19, 2022

Global payment processor and card issuer Mastercard has announced it launched a new Biometric Checkout programme in the UAE.

Visa 55

Visa Card Issuer Processors Issuers 55

Clearly Payments

JANUARY 16, 2024

What are Interchange Fees in Canada Interchange fees are charges levied by credit card issuers (such as Visa, Mastercard, and others) to merchants for accepting and processing electronic payments. Payment Processor Markup: In addition to interchange fees, merchants work with payment processors who charge a markup for their services.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

The Payments Association

MAY 12, 2025

When a five-person fintech can spin up an issuer processor in 30 minutes, what does a three-day outage say to retail and corporate clients of current financial institutions? The market inclines toward SaaS card infrastructure UK Finance projects card share of payments to rise from 61 % today to 66 % by 2033.

Debit Card 88

Debit Card Payment APIs and Integration Online and Mobile Banking Processors 88