Verifone Launches Victa Device Portfolio
New mobile, portable and reader devices from POS terminal manufacturer Verifone were designed to serve multiple use cases and a variety of merchant sectors. These devices will be sold under the Verifone Victa brand to independent software vendors (ISVs), independent sales organizations (ISOs) and acquirers, as well as directly to merchants, in all world regions.
Investments in Merchant Processing, Acquiring—2024
In 2024, the value of 67 investment transactions for which the monetary value was announced amounted to $5.51 billion. This compares to 85 deals with announced values totaling $8.90 billion in 2023.
Discover Financial Services Results—2024
Total credit card volume (purchases and cash advances) was $224.58 billion for Discover Financial Services (DFS) in 2024, a decline of 3.5%. Cash advances were 5.49% of total volume, down from 6.39% in 2023. Outstanding credit card receivables at year-end 2024 were up 0.5% to $102.79 billion.
Acquirers and ISOs Can Provide Rewards to Merchants
Tuzo’s rewards platform assigns points based on the purchase volume of every credit card payment merchants accept. Points can be redeemed for travel, prepaid cards, electronic devices, vacation destinations and luxury goods.
PDX Beam Crypto-to-Fiat Payment Platform in US Beta Release
PDX Beam, which charges merchants 2% of the value of a transaction for its service depending on volume, says that settlement has been occurring in as soon as 20 seconds, including merchant payment confirmation.
Market Cap Performances by Payment Processors in 2024
Combined, they held a market capitalization of $447.25 billion as of December 31, 2024.
Worldpay and Mastercard Virtual Cards for Travel Agents
More than 130 airlines are Worldpay customers.
Cloud Code’s Payment Broadcast Speakers
The top selling broadcast speakers available from Cloud Code are the CS50, CS51 and CS60 models.
Worldwide Card Acceptance Locations for Global Brands — Midyear 2024
Card-not-present and card-present locations grew by double digits over the last 12 months. Card-present growth was fueled by softPOS—the use of smartphones and tablet devices, mostly Android-based—that can accept card payments without the need for any PCI-compliant peripheral device.
Lakala is Top PSP for Card Payment Acceptance in China
Among all PSPs in China, Lakala ranks as the largest when measuring card transactions processed. Card brands accepted include UnionPay, Visa, Mastercard, American Express, JCB and Discover. Financial settlement with merchants for all card brands is made through UnionPay.