The integrated-payments phenomenon is paying off for EVO Payments Inc. in the United States and internationally. While Atlanta-based EVO reported a decrease in first-quarter earnings, its strategy of courting integrated software vendors and companies that support their point-of-sale software continues to reap rewards, which EVO management says will benefit the …

The gravitational pull toward M&A is claiming some of the industry’s biggest merchant processors. Are more mega-deals inevitable? There’s nothing new about mergers and acquisitions in the merchant-processing business. These combinations have been going on for years, after all, as acquirers seek to penetrate new markets or bulk up for …

Global Payments Inc. on Wednesday credited a technology-centered strategy it has developed over the past six years for record results in 2018. Chief executive Jeff Sloan also pointed to the increasing investments required of payments providers as a leading cause of industry consolidation, in particular the pending merger of industry …

So-called smart devices are invading the point of sale at an increasing pace. They bring undoubted advantages, but also a few complications. Judging by the number of times Fiserv Inc. chief executive Jeffery Yabuki and First Data Corp. CEO Frank Bisignano mentioned Clover last month during their joint announcement of …

Cloud connectivity, apps, and features beyond payments are shaping the next evolution of the point-of-sale terminal. With all the discussion surrounding merchant adoption of point-of-sale systems and integrated payments, one might think the days of the conventional POS terminal are numbered. Their days as an isolated piece of equipment with …

Processors and acquirers are chasing integrated payments while also serving traditional, terminal-based merchants. Can they keep their balance? The biggest buzzword in payments today is “integrated.” While such payments—exemplified by point-of-sale software with an add-on payments capability that is supposed to be seamless to the user and the consumer—are not …

By Scott Dowty, Chief Revenue Officer at Apriva, LLC With smartphones becoming the dominant tool for personal and business communications, mobile commerce is critical for businesses.  Mobile payments are projected to reach $503 billion by 2020,[1] and an estimated 75% of all financial transactions may be cashless by 2025[2], so …

EVO Payments Inc. is hunting for new international markets as it continues to see growth in its U.S.-based business with independent software vendors, company executives said Wednesday during the merchant processor’s first earnings conference call as a public company. Founded in 1989 as an independent sales organization, Atlanta-based EVO in …

Processor First Data Corp.’s strategy of providing payments integration to independent software vendors appears to be yielding results. The Atlanta-based company said it signed 94 ISVs in the second quarter. That, along with good growth in its direct-sales channel, contributed to the 17.1% growth in second-quarter revenue in First Data’s …

  Despite absolute agreement on the need for heightened payment and data security, there remains a lot of confusion and uncertainty among those tasked with ensuring and implementing it. With so many different technical terms out there, it’s easy to understand why this uncertainty occurs. Technologies such as P2PE (point-to-point …