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Payment Processing USA: 2024 Market Overview

Clearly Payments

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. Merchants partner with acquirers or payment processors to enable transactions. Payment processors in the U.S.

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What is a Merchant Account and Does Your Business Need One?

EBizCharge

A fundamental element that every business leader should be well-versed in is the merchant account — a critical service that facilitates electronic payments. As digital payments continue to grow in popularity, a frictionless payment processing system is vital. What is a merchant account?

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This Week in Fintech: TFT Bi-Weekly News Roundup 26/06

The Fintech Times

The integration, now live for payzy users, enriches payment data with merchant names, logos, and categories, aiming to improve clarity, reduce confusion and boost engagement across COSMOTE’s digital payments platform. NEO.bet , a sportsbook operated by Malta-based Greenvest Betting, will be the first to roll out the method.

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SWIFT: The Road To ISO 20022 Adoption

PYMNTS

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in the transition to the new standard in cross-border payments: ISO 20022. Richer Data With A Little Help From Our Friends .

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Liquid Group Rolls Out roamQR to Link E-Wallets and QR Networks

Fintech News

Liquid Group, a digital payment solutions provider, announced the launch of roamQR, a new QR payment switch solution designed to simplify cross-border payments across the Asia Pacific region. The platform adheres to industry security standards and is both PCI DSS and ISO 27001 certified.

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ISOs need a deeper dive to find payment partners in the mobile age

Payments Source

As ISOs evaluate payment partners, it’s important that to dig into their existing tools and also gain an understanding of what the company’s continued investment is going to be for the future, writes O.B. Rawls IV, CEO and president of iPayment.

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Cardstream Teams With Mastercard To Promote Digital Payments In UK

PYMNTS

In a press release , Cardstream said that under the new agreement, they will make Mastercard’s Secure Remote Commerce (SRC)-ready Masterpass V7 wallet and Pay by Bank app available via API connections to its network of payment service providers (PSPs), independent software vendors (ISVs) and independent sales organizations (ISOs).