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Search Results for: integrated payments

The Next Big Market for ISVs

Here’s a look at the impact integrated payments can have on the vet industry. The global veterinary-services market is projected to reach $200 billion in 2020. Indeed, the landscape is quickly evolving, creating more demanding needs from practice managers looking to reduce costs, improve the customer experience, and generate revenue. …

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Putting It All Together

One of the great lessons for merchants coming through the Covid-19 experience is that one sales channel is not enough. As the impact of the shelter-in-place rules and the closing of non-essential businesses rippled through the economy, one payments technology began to grow in importance: integrated payments. And it took …

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More Online Ordering and other Digital Transactions News briefs from 5/20/20

Forty-five percent of U.S. consumers are ordering online more often than usual as a result of restrictions stemming from Covid-19, and 34% are making more purchases with contactless or mobile-payment options, according to an online survey of 807 U.S. adults by Auriemma Group, a financial-services consulting firm. The firm also surveyed consumers …

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Priority Technology’s Sales Machine Kept Humming Even While Payment Volume Plunged 27%

It was a nasty April for Priority Technology Holdings Inc. as the Covid-19 business downturn tightened its grip, but the merchant acquirer is looking to integrated payments and other growth areas to soften the blow. “In the month of April we processed roughly $2.7 billion in volume, which was down …

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Fiserv CEO Yabuki Sees Signs of Stronger Growth as He Yields to Former First Data Chief Bisignano

Jeff Yabuki will step down July 1 after 15 years as chief executive of Fiserv Inc. and will be succeeded by Frank Bisignano, who joined the company last year after it acquired First Data Corp., of which Bisignano was CEO, in a $22-billion all-stock deal. Yabuki, who is also Fiserv’s …

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Covid-19 Cuts Priority Technologies’ Volumes, but Processor Anticipates Future Growth

Priority Technologies Holdings Inc. says that just like other merchant acquirers its payment volumes are taking a hit as consumers and businesses hunker down in reaction to the corona virus. But its chief executive insists Priority’s diversified business model provides insulation from the pandemic’s worst effects.  Overall processing volumes for …

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In the Wake of the Mega-Mergers

2019 saw three of the biggest combinations in the history of the electronic payment business. The deals closed months ago. What happens now? Gotten over merger shock yet? Well, fasten your seat belt. The effects from last year’s trio of mega-combinations are likely to ripple through the payments industry for …

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With Expanded Merchant Business Thanks to Worldpay, FIS Seeks to Exploit Its Acquiring Chops

When Fidelity National Information Services Inc. closed on its $43 billion acquisition of Worldpay Inc. last summer, the payments industry knew the massive deal would boost FIS instantly into the top ranks of global merchant processors. On Thursday, the company let the world know just how big its position in …

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A Hospitality POS Software Developer Becomes an ISO

The hotly competitive arena of integrated payments has prompted PointOS, a hospitality software developer, to register as an independent sales organization to gain better control over payment services it offers. The company, which serves customers, announced its ISO registration this week and calls its service PointOS Payments. “We became an …

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Visa Checkout’s SRC Shift Begins Jan. 21 and other Digital Transactions News briefs from 1/14/20

Visa Inc. said starting Jan. 21 merchants using Visa Checkout will transition to the card brand’s Secure Remote Commerce service. Visa says consumers that have enabled their cards with the service no longer will have to enter the primary account number for compliant transactions. The experience also is compatible with industry tokenization …

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Digital Transactions