In a decision that could have far-reaching implications for the merchant-acquiring industry, a U.S. District Court judge has ordered independent sales organization Electronic Merchant Systems to pay more than $5.4 million in breach-of-contract damages to a sales agent. The decision arises from a dispute over residuals and the interpretation of …

    The demand for point of sale systems continues to expand as businesses seek to accept all payment types, manage inventory and compete for customers. To meet the growing demand, many payment processors have developed their own POS solutions, with varying degrees of success. To date, very few providers …

By Tom Byrnes, SVP, Marketing, PayiQ Cloud architecture has made complicated database computing tasks more accessible and unified for everybody. But, until recently, it’s been an open question for many whether the cloud can be a disruptive force in the world of payment processing. Most big processors that are active …

By Tom Byrnes, SVP, Marketing If you are an ISV, you know that adding payments to your solution adds value and gives you a competitive edge in the marketplace. Whether you like it or not, if your user base accepts payments, you are – by default – in the payments …

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  At North American Bancard, our promise is to deliver a frictionless partner experience, providing innovation and savings to your merchants, and maximizing your revenue. With our flexible Partnership Programs, you choose your level of investment and risk. Whatever arrangement you’re seeking, from Referral Partnerships to white-labeled ISV direct sales, …

American Express Co. said it is working with its reservation-technology company Resy to encourage cardholders to order out from restaurants. The program includes new dining offers on many AmEx cards.Exactuals LLC, whose PaymentHub platform processes residuals, royalties, and other payments for the entertainment industry, said dollar volume on the platform grew …

Thinking of cashing in on some of your residuals to get capital? Worried about how the uncertainty of potential administration changes in Washington could impact your bottom line? Inching closer towards retirement? No matter what your reasons, now is the perfect time to cash in on your portfolio. That’s because …

Portfolio valuations proved they aren’t immune to the effects of the coronavirus. But brokers say merchant books have fared far better than many feared. As the coronavirus pandemic drags on, its effects on portfolio valuations—especially valuations attached to portfolios with high concentrations of hospitality merchants—are beginning to stabilize. And buyers …