The MWAA conference provides an opportunity for training, education and networking in the Midwest acquiring and payments community. Register today for the 19th annual MWAA conference on July 21-22, 2021 in Downtown Chicago, Illinoi

In the midst of a boom in online commerce, one of the biggest e-commerce transaction processors globally has agreed to support both a Visa Inc. service that masks users’ card credentials and a streamlined online checkout technology offered by all four major card networks. FIS Inc. said Thursday its Worldpay processing …

Merchants are looking for ways around the issues created by the Covid-19 pandemic, and this has been especially true for restaurants. That’s creating a wide range of opportunities for merchant-service firms. On Wednesday, Square Inc. said it has added DoorDash to Square Online as a delivery option for eateries and …

Capital One Financial Corp. is barring all of its credit cards from being used for point-of-sale lending transactions, aside from the United Kingdom where buy now, pay later products are being reviewed for possible regulation. The move comes as overall buy now, pay later providers garner a lot of attention, …

Less than a week after announcing its partnership with Cybersource, Houston-based P97 Networks Inc.’s plans to expand its PetroZone platform globally are coming into sharper focus.  P97 intends to leverage Cybersource’s gateway connections to more than 140 acquiring banks globally to expand its reach to petroleum retailers. The company will …

The Covid-19 pandemic is driving consumers and merchants to opt for contactless options, and now software that can enable an ordinary smart phone to accept cards via near-field communication is moving faster toward the point of sale. Visa Inc. on Wednesday granted a so-called security compliance allowance to MagicCube Inc.’s …

Canadian processor Lightspeed POS Inc. expects its acquisition of Upserve Inc., a Providence, R.I.-based provider of cloud-based restaurant-management software, to make it more competitive in the restaurant point-of-sale business in the United States.  The acquisition of Upserve for a combination of cash and stock totaling $430 million comes hot on …

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 …

Nuvei Corp. is making a move to bolster its integrated payments offerings with the acquisition of substantially all the assets of Phoenix-based Base Commerce LLC. Announced Tuesday, the pending deal—it’s expected to close by Dec. 31—will expand Nuvei’s product capabilities with a proprietary automated clearing house platform and additional merchants, Montreal-based …

A burgeoning opportunity awaits payments firms that can integrate with software houses to serve mid-market clients. Mid-market businesses are increasingly faced with the need to execute on multiple priorities at once, from enhancing customer experience to increasing back-office efficiency to finding ways to drive additional revenue. As a result, they …