Software companies are a preferred client for payment gateways, with 74% of gateways targeting them in their sales efforts, according to the latest edition of the Payment Gateway Directory from TSG, formerly The Strawhecker Group. TSG says in addition to software companies as favored clients, 83% of gateways target merchant …
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Gateways’ Favorite Pursuit; POSaBIT’s Ambitious POS Device Plans; Plus Weekly Recap
Eye on Cannabis: POSaBIT POS 2.0 Debuts; Organic Payment Gateways’ New Program
Though not as credit and debit card friendly as some industries, the legalized cannabis industry continues to create opportunities for payments companies. Among the latest developments are the release of POSaBIT Systems Corp.’s latest point-of-sale system and a new program from Organic Payment Gateways. Bellevue, Wash.-based POSaBIT says its POSaBIT …
Read More »Goldman Sachs Apple Card Exit Plans; How Gateways Can Help Developers; FIS Mulling New Worldpay Path?
Commentary: Developers Don’t Know Enough About Payments. It’s up to Gateways to Fix That
The fundamental problem with payments software is that, for most developers, it’s a necessary evil. They must integrate payment-transaction capabilities so they can get paid for all the other code they’re writing. Now, thanks to one-size-fits-all application programming interfaces and tokenization that devalues everything, developers barely know a PAN from …
Read More »Transactions Alone Not Enough for Gateways; AmEx Taps TikTok for SMB Push; Klarna Added to Viva Wallet
Transactions Alone Are Not Enough for Payment Gateways
As clients of payment gateways turn to them for more than connectivity to multiple processors, choosing a gateway becomes more complex. The 2022 edition of The Strawhecker Group’s Payment Gateway Directory hopes to help with that, even as gateways’ role expands. Payment gateways are a key driver in the payments …
Read More »MagicCube Launches Cloud Acceptance on Mobile; Mastercard All in on Open Banking; Strawhecker Ranks Gateways
Strawhecker Ranks Gateways and other Digital Transactions News briefs from 1/27/22
Consulting firm The Strawhecker Group announced its list of best-performing payment gateways in a range of categories. CSG Forte and FIS (Express) were co-winners in the best-performing gateway category, with JPMorgan Chase (Orbital) as runner-up. Elavon (Fusebox) won for fastest transactions.With the majority of buy now, pay later accounts going unreported to …
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