Acquirers

SnapPay has grown rapidly in its role as an acquirer and payments gateway for Chinese mobile payment acceptance in North America, and it is ready to show merchants the next step.

As if they needed another reminder that their business models might not have a place in the modern payments landscape, independent sales organizations are left wondering what role — if any — they will have in launching the Apple Card.

Digital payment innovators have shown an almost limitless propensity to home in on banks’ turf, and Citigroup is ready to strike back.

Billions of dollars in investments are pouring into digital payments, but the hefty numbers obscure a regulatory and competitive squeeze that could shut banks out of the profits for good.

Mastercard and Lazada, an Alibaba affiliate, have joined forces to collaborate on e-commerce systems for developing markets in the Southeast Asia region.

Payments software provider SpotOn Transact is partnering with terminal maker Poynt to provide loyalty, marketing and point-of-sale services in a new terminal for small and medium-size businesses.

When longtime TSYS finance executive Theresa Gongora was promoted to CFO and senior vice president of TSYS' Merchant Solutions unit last year, she was struck by the dramatic changes in the payments industry since joining TSYS 15 years ago.

The State Bank of India and Hitachi Payment Services plan to bring their heft to a joint merchant acquiring venture to expand digital payments in India.

Many fintech startups are working to streamline various aspects of payment acceptance for global online merchants, and Modo wants to give those merchants more control over the payment service processors they use.

Payments providers PXP Solutions and Kalixa have merged to form PXP Financial, a London-based company focused on delivering omnichannel services to merchant acquirers.