Consolidated eCommerce
How Does a Payment Gateway Work?
Whenever any transaction is initiated, it travels first through an entry point that connects the merchant’s systems to the rest of the payments ecosystem. That entry point is known – appropriately – as a payment gateway.
Mastercard Launches Pilot of Cloud POS Technology
Mastercard announced this week that it is launching the first live pilot of its new contactless payment acceptance technology, called Cloud Tap on Phone.
Visa and Plaid Terminate Deal; Pakistan Launching New Digital Payments System: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Payments M&A Likely to Be Driven by Big Tech in 2021; AsiaPay Partners for BNPL Payments: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
What is an ISO?
Small and micromerchants can be difficult and expensive for traditional merchant acquirers to reach. So, many acquirers have historically focused on marketing to and providing payment services for larger businesses.
GoDaddy to Acquire PF Poynt to Build Out Commerce Capabilities for Small Businesses
GoDaddy announced this week that it plans to acquire payment facilitator Poynt to build out its suite of commerce and payment capabilities.
PF Toast Announces Restaurant Recovery Fund; Stripe Growing Its Asia Presence: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
What is an Issuing Bank?
When you’re on the acceptance end of payments transactions as a merchant or a payment facilitator, you’re likely most familiar with the role of acquiring banks. But there’s another banking entity that plays a crucial role in card transactions: the issuing bank.
Stripe Expands Embedded Finance Offering for Platform Partners
Leading payments provider Stripe recently announced the launch of Stripe Treasury, an offering that will enable its platform partners to embed financial services within their software.
Merchant Acquirer vs Payment Processor: What’s the Difference?
The difference between merchant acquirers and payment processors can sometimes be confusing. Both entities are critical partners for merchants and payment facilitators. And the terms, particularly the term acquirer, are often used interchangeably. But they are not the same thing.
Phreesia Revenue Up 17%; PayPal Launches Touch-Free Payments for iZettle App in UK: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
What is the Member Alert to Control High-Risk Merchants (MATCH), and What Does It Mean to PFs?
Before onboarding merchants, all payment providers are responsible for conducting due diligence on those merchants to verify their identities and to guard against fraudulent or criminal activity.