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Why Merchant Acquiring Is Being Disrupted by Outside Brands
Merchant acquirers can learn a lot from their new competitors about how to stand out in a crowd where everybody appears to be the same.
Image: iStock
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Image: Thinkstock
Mobile payments provider Spindle signed an agreement with Transaction Data USA, a payments industry consulting firm, to expand the sale of its products to merchants. more »
PayPal Here plugged into a Microsoft Surface Pro 3 tablet, in a frame from a promotional video.
PayPal is revamping its lineup of mobile point of sale offerings, expanding developer tools and adding EMV in the U.S. But its new support for Microsoft devices may have the most impact as it pursues merchants that can already get payment capabilities elsewhere. more »
Image: iStock
Education payments company peerTransfer has grown quickly by providing a specialized service to a specific market, but it may be time for it graduate to new lines of business. more »
Image: ShutterStock
Traditional merchant acquirers have faced disruption from a number of new entrants in recent years from companies such as Square and its peers. And now, a football team is getting into the game. more »
Square is committed to its diversification strategy, furthering its transformation from a simple mobile point of sale provider to a company that also handles small-business loans, marketing and e-commerce. more »
Image: Bloomberg News
The point of sale technology provider TouchBistro is partnering with Uber to provide free transportation service to restaurant patrons in Toronto. more »
Image: Bloomberg News
While many mobile wallet companies look to complement credit and debit card acceptance, South Africa's SnapScan is focused on merchants who accept only cash. more »
Darth Vader downloads the LevelUp app in one of the many murals painted on the walls of LevelUp's Boston offices.
LevelUp, a mobile payments provider known for its playful office culture — and a CEO who prefers to be called a chief ninja — may need to mature as its competition gets serious. more »
Image: Bloomberg News
The mobile point of sale provider ShopKeep is releasing hardware that is compatible with Apple Pay's Near Field Communication payment system and EMV-chip cards. more »
Jordan Lampe, director of communications and policy affairs for Dwolla
Dwolla is expanding its direct bank transfer services to allow its account holders to send payments to a recipient's e-mail address for automatic routing to a bank account. more »
Tony Gallippi, co-founder and execuitve chairman of Bitpay
Microsoft is working with Bitcoin merchant services provider BitPay to allow customers to seamlessly exchange the virtual currency when loading money into their Microsoft accounts. more »
Kevin Burke
?Square Inc. has hired former Visa marketing executive Kevin Burke to lead its customer acquisition initiatives in retail, paid, Web and events marketing channels.?? more »
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