Payroc Expands Capabilities via Strategic Acquisitions
Currently, Payroc’s client base is rooted in small and midsized merchants that generated $72.86 billion in card payment volume in 2024.
Area of Interest: Merchant Acquiring
Latin America’s 50 Largest Merchant Acquirers — 2024
The 50 largest merchant card processing portfolios in Latin America and the Caribbean (LA&C) processed 48.27 billion Visa and Mastercard credit, debit and prepaid card transactions in 2024, an increase of 8.9% from 2023. Visa and Mastercard cards were accepted for payment at 17.9 million active merchant outlets in LA&C. For the complete ranking, log […]
Koin Offers Fraud Fighting, BNPL and Payments
Koin states that its success is based on its AI models that were built exclusively using data from Latin America merchants and designed to predict how legitimate users should behave.
Thank You Gifts from Nift
Nift offers to consumers can be delivered in a mobile app, email or text message.
FIS and Circle are Partners for Stablecoin Payments
FIS has added an integration with Circle Internet Group to Money Movement Hub to give US financial institutions the ability to send, receive and hold USDC, a US dollar-denominated
stablecoin.
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.
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.