Payments News

On The Web

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Providers

SumUp Opens Business Accounts for Fast-growing Merchants

“London-based global payments service provider SumUp today announces the launch of a new Business Account solution for SumUp merchants in the UK, and almost a dozen European markets. The Business Account from SumUp is central to the evolution of the company’s core package, as it looks to expand its merchant offering. Upon launch, the solution […]
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Providers

Dwolla Streamlines Coding With Quicker API Integration

“Payments provider Dwolla has simplified the process for using its application programming interface, saying it cuts down on thousands of lines of code. The Drop-In Components help developers with or without technical experience integrate into Dwolla payments platforms , while following U.S. information verification regulations. U.S. regulations require that payments companies collect certain information to […]
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Providers

How Payments Disruptors Are Entering Financial Services

“Payments service providers are building an array of financial services to compete with financial institutions (FIs). Lending, bank account products, issuing, and other services that have been FIs’ bread and butter are being challenged in a bid to add more revenue opportunities and engender greater loyalty. These payment disruptors, such as Square, Stripe, and Shopify, […]
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On The Wires

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Providers

Paya Delivers Significant Enhancements for Sage 100 and Sage Intacct As Sage’s U.S. Preferred Payment Provider

“Paya (Nasdaq: PAYA), a leading integrated payments and commerce solutions provider, announced today this it has released enhanced e-invoicing capabilities for Sage 100, as well as Cloud EMV acceptance for Sage Intacct. The new features further automate collection and reconciliation of card and ACH payments, and provide plug-and-play, cloud-based EMV point of sale terminals to […]
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Providers

Spreedly Launches New Partnership Program for Payment Service Providers

“Spreedly, the provider of a secure, agnostic, and flexible platform that welcomes all payments participants, today announced the creation of a new partnership program built for gateways and other Payment Service Providers (PSPs).   The Partnership Program was created to further support a vision for a diversified and inclusive payments ecosystem — one offering connectivity and […]
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Providers

PayU and Silverflow Partner for Revolutionary Card-acquiring for PSPs

“PayU, the fintech and e-payments business of Prosus, today announces its partnership with Silverflow, the cloud-based payments processing startup, to offer Payment Service Providers (PSPs) globally a new card acquiring process. By combining Silverflow’s direct connection to the card networks with PayU’s expansive acquiring capabilities, the move will revolutionise processing and settlement within the card […]
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Providers

Worldline Launches Data As a Service Platform for Online Payments

“Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, today announced the launch of its first ever Data as a Service (DaaS) platform for payments, Ingenico Insight. The state-of-the-art solution features the latest in machine learning (ML) and data science capabilities for payments combined with an intuitive and tailored user experience. Ingenico […]
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Global

PAYFORT is now Amazon Payment Services

“Today marks a key milestone in Amazon’s promise to customers and businesses across the Middle East and North Africa (MENA) region. I’m proud to announce that PAYFORT is now Amazon Payment Services – a highly secure online payment service that is easy-to-use and seamlessly integrable.”
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Deals

Nuvei to Acquire Base Commerce, LLC, a Leading Provider of Integrated Payment Solutions

“Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced it has entered into a purchase agreement to acquire substantially all of the assets of Base Commerce, LLC (“Base”), a leading provider of integrated payment solutions. The transaction is expected to close on or about […]