Global merchant payment processing and acquiring net revenue surpassed $91 billion in 2023, and is on pace to exceed $171 billion by 2030, according to S&P Global Market Intelligence’s 451 Research.
Across retail finance, the centre of gravity is shifting from accounts to transactions - and from branch networks to merchant ecosystems. Payments are now the operating layer of commerce, carrying ...
Integrating payment solutions has become essential for every business (big or small) in today’s dynamic digital-based economy. In fact, merchant payment processing is a piece of this puzzle that gives ...
Stax's expansion has been just as much a declaration of independence as a series of technology upgrades. "We determined we wanted to control our own destiny," Paulette Rowe, CEO of Stax, told American ...
Waiting a few days to receive money from a sale directly threatens business liquidity. Instant settlement technology changes the standards, turning a confirmed payment into available funds within ...
Paytm has received approval from the Reserve Bank of India to extend its payment aggregator licence to cover offline and ...
International expansion is on the priority list for many Canadian companies, and a 2024 survey by Statistics Canada found ...
Buy now, pay later becoming economic necessity for merchant POS systems 60% of hospitality businesses say speed is their key reason for investing in smarter point-of-sale (POS) systems ahead of the ...
Merchant services are similar to payment processors, but their biggest advantage is the provision of a dedicated merchant account, unlike processors, which usually offer aggregate services. A ...
Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Agentic commerce lets AI agents shop and pay on behalf of ...
PayPal said on Thursday that it was "experiencing a system issue" that appears to be interfering with merchants' ability to process payments. REUTERS PayPal said on Thursday that it was “experiencing ...
Launched at the beginning of August, the pilot phase of a project to set up an interoperable instant payment system marked a revolution in financial transactions within the West African Economic and ...