Merchant Acquiring RSS
Eurobank, one of the four largest lenders in Greece, has announced it entered into a binding agreement to sell 80% of its merchant acquiring business to Worldline in an attempt to... read more
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As in many other areas of life, COVID-19 has accelerated changes evident in merchant acquiring over the last five years. These changes go beyond the obvious, such as the shift... read more
The post The old acquiring model is dead – here’s what’s next… appeared first on Payments Cards & Mobile.
Over the past decade, core payments processing has become commoditised, squeezing the margins of merchant acquirers. Their future growth is likely to come from providing merchants with value-added services and... read more
The post Merchant acquiring: The $100 billion opportunity in small business appeared first on Payments Cards & Mobile.
Just seven month after Deutsche Bank announced it was looking for acquisitions and partnerships to move itself back into mainstream merchant acquiring, Germany’s largest bank, has announced a joint venture... read more
The post Deutsche Bank and Fiserv form merchant acquiring joint venture in Germany appeared first on Payments Cards & Mobile.
Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring... more
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