Payments News

On The Web

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Providers

Merchants Bracing for Higher Reserve Requirements From Acquirers

“The economy is slowly thawing from its Covid-19 freeze-up, but many card-accepting merchants are struggling with more chargebacks stemming from canceled trips, non-delivery of goods, or other reasons. And some of them also are dealing with demands from their merchant acquirers for more cash to fund reserve accounts. Payments and fintech attorney Darvin R. Davitian, […]
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On The Wires

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Providers

Alliance Data Selects Fiserv for Credit Processing Services

“Alliance Data Systems Corporation (NYSE: ADS ), a leading provider of data-driven marketing, loyalty and payment solutions, today announced that its Card Services business, a premier provider of branded private label, co-brand and commercial card programs, has signed an agreement to transition credit card processing services to Fiserv (NASDAQ: FISV ), a leading global provider of […]
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Global

Worldpay from FIS Expands Operations in Argentina with Domestic Acquiring Capability

“FIS ® (NYSE: FIS) today announced the latest expansion of its global footprint in the Latin American market by securing domestic card scheme acquiring licenses in Argentina. With the ability to offer local merchants in-country payment processing, Argentine sellers will have access to a broader set of Worldpay from FIS merchant solutions products and services for […]
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Providers

Agilysys & Shift4 Payments Renew Partnership Providing Integrated Hospitality Commerce Solutions

“Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of next-generation hospitality software solutions and services, and Shift4 Payments (NYSE: FOUR), the leader in integrated payment processing, announced today an extension of their long-standing partnership to better enable a seamless guest journey for hospitality operators while increasing the market presence of both companies.”
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Providers

Rapyd Launches Card Acquiring in Europe with Integrated Local Payment Method Acceptance Expanding its Global Network to Support Rising eCommerce Growth

“Rapyd, a global fintech as a service company announced today a major expansion of its European platform, adding end-to-end card acquiring capabilities to its industry-leading payments capabilities. Rapyd now offers the most comprehensive full stack payment acceptance capabilities in Europe including card acceptance through Mastercard and Visa, and support for local Alternative Payment Methods (APM’s) in over […]
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Providers

Access Worldpay Opens the Door to Leading-Edge Payment Options for Global Merchants

“FIS ® (NYSE: FIS), a leader in merchant and financial services technology, today announced its Access Worldpay gateway , a single point of integration for global merchants to quickly deploy a full range of advanced payment capabilities. Access Worldpay provides a single API for merchants to access the most powerful, leading-edge payment capabilities in the world. […]
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Providers

F1 Payments, Cross River and RS2 Partner to Offer Payment Processing Services

“F1 Payments , Cross River Bank (“Cross River”) and RS2 Software today announced their partnership to deliver best-in-class payment processing services throughout North America. F1 Payments will utilize RS2’s global processing platform and Cross River’s sponsorship service to process payments for physical and virtual businesses. Merchants gain access to breakthrough products and services with unique […]
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Domains

Clover Online Ordering Helps Restaurants Connect With Customers and Optimize Their Business

“As restaurants across the country have closed dining rooms in the face of COVID-19, they have shifted to take-out, pick-up and delivery models, creating a heightened need for an online presence and digital ordering capabilities. In response, the launch of Clover Online Ordering was accelerated to enable restaurants that utilize the Clover point-of-sale platform to […]