Mastercard moves into POS financing with Vyze acquisition
Finextra Mastercard is moving into the POS financing space with the acquisition of installment payments platform Vyze.Vyze connects merchants with multiple lenders, allowing them to offer their customers a wide range of credit options online »
Amazon Go stores are reportedly set to start accepting cash
USA Today After facing increased external pressure, it looks like Amazon’s cashless stores will no longer be cashless. CNBC reports that in an internal meeting in March, an Amazon executive told employees that the company »
Webinar – Meeting The Expectations Of Small Merchants
Join TSG’s Market Intelligence team as they educate the merchant acquiring community on the importance of understanding how operations and processes impact the merchant sales and onboarding process. Register today for this complimentary webinar. Webinar »
TSG Top 300: Insights Learned by Analyzing 300+ U.S. Merchant Acquirers
TSG recently released its Top 300: Directory of U.S. Merchant Acquirers, a report that details key business statistics on over 300 of the nation’s payment processing players. Collectively, the entities in this directory are estimated »
Toast raises $250M in Series E funds for $2.7B valuation
Mobile Payments Today Toast, a digital restaurant management platform, has raised $250 million in Series E funding led by TCV and Tiger Global Management, providing a valuation of $2.7 billion, according to a company release. »
Now Available: TSG Top 300 – Directory of U.S. Merchant Acquirers
TSG has released the newest edition of the Directory of U.S. Merchant Acquirers. This is the most comprehensive report available on U.S. merchant acquirers, featuring over 8,000 data points on 300+ companies; covering national leaders »
Amazon Pay inks Worldpay integration as it branches out in the wider world of e-commerce
TechCrunch Amazon rules the roost when it comes to e-commerce marketplaces in countries like the U.S., but today it’s announcing a deal that it hopes will be a start to its plan to have that same »
The Strawhecker Group Announces Payment Gateway Winners for Annual ‘Developer/API Awards’
The Strawhecker Group (TSG) is pleased to announce its payment gateway winners for its annual ‘Developer/API Awards’. Read the press release. Powered by TSG’s Gateway Enterprise Metrics (GEM) platform*, the firm is recognizing the following »
TSG in Digital Transactions: Merger Mania Probably Isn’t Over, Analysts Say
Close observers of the payment-processing industry predicted Fiserv Inc. would start a merger wave when it announced its $22 billion deal to acquire First Data Corp. in January. That prophecy seems to have come true »
FIS to Buy Worldpay, an E-Commerce Payments Processor, for $34 Billion
The New York Times The financial technology provider Fidelity National Information Services agreed on Monday to buy Worldpay for about $34 billion, in a bid to become a powerhouse in the global payments sector. The deal is »
U.S. Considers Sanctions to Restrict Visa/Mastercard in Venezuela
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Mastercard to buy Ethoca to reduce fraud in digital commerce
Finextra Mastercard continues its spending spree, agreeing to buy Ethoca, a firm that helps merchants and card issuers collaborate in real-time to identify and resolve fraud in digital commerce. Financial terms were not disclosed.The move »
Visa, PayActiv partner on mobile access to pre-payday wages
Mobile Payments Today Visa has launched a program with PayActiv to provide early access to earned wages through the Visa Direct push payments platform, according to a company press release. The program allows participating companies »
Upserve launches mobile POS, workforce tools for restaurants
Mobile Payments Today Upserve, a Providence, Rhode Island-based restaurant management platform, has launched a mobile point-of-sale tool for table-side checkout, and a new tool to help manage employees. The Tableside mobile POS device allows restaurants to »
