Thredd Card Management Opens in the US
Thredd’s ambition is to be a global provider of payment processing services. In the US, the company expects many of its initial customers will be existing clients from outside the US.
Area of Interest: Merchant Acquiring
Advent Wants Nuvei
Nuvei processed more than $200.00 billion in payments (up nearly 59%) and generated $1.19 billion in revenue (up 41%) in 2023.
Zil Money AR/AP Processing
Zil Money can receive payments from any merchant acquirer or PayPal as well as create an online link to the payor or issue a paper invoice.
Largest Merchant Acquirers in the US — 2023
The five largest merchant acquirers based on combined global brand and domestic-only card purchase transactions were Fiserv, JPMorgan Payments, Worldpay , Global Payments and Wells Fargo.
Merchant Processing Fees in the United States—2023
To accept those payments, US merchants paid $172.05 billion in processing fees for goods and services they sold, a 7.1% increase from 2022.
Ingenico and Cybersource
Ingenico, best known for its POS terminals, has formed a global partnership with Cybersource, beginning with a rollout in
Asia-Pacific.
Travel Industry Payment Orchestration Platform
FinMont’s technology is cloud based and PCI Level 1 compliant. It will soon be SOC2 compliant. Tokenization is handled in-house.
NCR Voyix’s Software Defined Self-Checkout
NCR Voyix is shifting retailers from on-premises and in-the-lane technology to its Next Generation cloud-based SaaS platform and new modular hardware.
Brazil’s CloudWalk to the US
For sales from a merchant’s website, consumers receive an invoice via email. When they remit payment details by return email, merchants ship the goods.
Investments in Merchant Acquiring, Processing—2023
In addition to the investment deals shown here, there were 75 merger and acquisition transactions in the merchant acquiring and processing sector last year.
