Visa Rule Change Signals Support for PF Model

As the payment facilitator model evolves, the card networks are increasingly embracing it as a driver of merchant acceptance globally. A recent rule change from Visa further affirms that PFs are in a solid position.

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Mastercard Piloting Smartphone Payment Acceptance in Poland

Mastercard announced a new smartphone payment acceptance pilot in Poland on Wednesday. The solution does not require the purchase of any POS equipment. Users will only need to download a mobile app and create a merchant account to begin accepting payments, making the process simpler and more cost-effective for small and micro-merchants. The company expects…

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PFs Key to Supporting QR Code Expansion

Payment facilitators have a significant role to play as Visa expands digital transactions into new markets using QR codes.

The bar codes have turned the point-of-sale world on its head in response to conditions in emerging markets, according to Uttam Nayak, SVP, emerging market digital payments, for Visa.

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Vantiv and Worldpay Reach Merger Deal

U.S. processor Vantiv and London-based Worldpay have reached agreement on the terms of their proposed merger, the companies announced.

The combination of the two companies will result in a massive global payments powerhouse that will go by the name Worldpay.

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Global Payments to Acquire ISV ACTIVE Network

Atlanta-based Global Payments Inc. plans to acquire the communities and sports divisions of ISV ACTIVE Network from investor Vista Equity Partners, the companies announced today.

ACTIVE Network provides event and activity management software via its cloud-based platform to more than 36,000 event organizers. It serves the recreation, race, sports, camp and education verticals.

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