Car IQ and Vehicle Payments
Car IQ technology is embedded in the Visa Commercial Integrated Partners platform, which is available to all Visa commercial card issuers in the US.
Area of Interest: Merchant Acquiring
Real-Time Dynamic Currency Conversion
Over the last 20 years, the company has developed its proprietary algorithm, supported by machine learning technology, to arbitrage foreign exchange tied to more than $10 billion in transactions in 17 countries in Europe and Southern Africa.
SanuPay Building Card Payment Switch in Ethiopia
The company holds a license for Way4 merchant acquiring and card account processing system software from OpenWay and is finalizing construction of a payment processing switch in Ethiopia.
Rapyd’s Fintech as a Service
Rapyd’s purchase of PayU’s merchant business in Africa was the company’s fourth acquisition of a nonbank acquirer.
Worldpay Expands in the UK with Santander Partnership
Worldpay offers more products and services in the UK than it does in the US where it has multiple bank partnerships. Santander is Worldpay’s first in the UK and second in Europe. It has a partnership deal with PTSB Bank in Ireland.
Merchant of Record Processing Model
Paddle handles billing for one-time purchases as well as monthly, quarterly and annual subscriptions, including trial offers, and takes care of all tax and regulatory compliance issues.
Card Industry Litigation Updates in the US and UK
The UK’s Competition Appeal Tribunal has ruled unanimously that Visa and Mastercard rules pertaining to default multilateral interchange fees (MIFs) violate competition laws in the UK and Ireland.
Xoxoday Loyalty & Rewards for Customer Engagement
Visa, Mastercard, JCB and American Express are among more than 5,000 organizations worldwide that tap into Xoxoday’s comprehensive expertise in customer engagement channels.
Middle East and Africa’s Largest Merchant Acquirers — 2024
When measuring the number of Mastercard and Visa card transactions processed for purchases of goods and services in 2024, the 36 largest merchant acquirers in the Middle East and Africa (MEA) region are ranked on page 13.
Deutsche Bank Partners with Silverflow for Merchant Processing
Silverflow’s support for Deutsche Bank includes enabling the bank’s large retailer clients, such as Bolt, to operate many merchant services independently, including using dedicated BINs to help with expansion into new markets.