This is a rudimentary overview of the two different entities, and what function each of them serve in the course of a transaction: Acquiring Bank The primary purpose of an acquiring bank (also known as a merchant acquirer, or simply as an acquirer) is to facilitate payment card transactions on

Jack Ma has made headlines today for raising more than $34 billion in the World’s largest IPO in history for his company, Ant Group – which was only launched 6 years ago. Trading starts next week on the Shanghai and Hong Kong Stock Exchanges, at a value of over $300 billion.

American Express is working with Coupa on a new partnership to use virtual cards for Coupa’s B2B solution, a press release says. Coupa Pay, the Coupa B2B solution, will be available for customers of AmEx’s virtual cards, in a move meant to streamline the old payment processes which the release calls “outdated, complex, and inefficient.”

As anyone who owns or manages a retail business knows all too well, American Express (NYSE:AXP) charges merchants significantly higher fees than Visa or MasterCard.The actual rates vary depending on several factors, but American Express charges retailers around 3% of each sale, while Visa and MasterCard charge around 2% on

Apple pay vs Samsung pay vs Google pay: Which is better? Based on the names, Google Pay is made for Android phones, Apple Pay works with iPhones and iPads, and Samsung Pay is geared for high-end Samsung devices like the Galaxy line. It’s work using near-field communications (NFC) technology .

Apple pay vs Samsung pay vs Google pay:What the best mobile payment service? Using mobile payment apps, consumers no longer have to find the right card to do a payment. Some more, using this apps you can splits checks at a restaurant. You even can send cash to a friend

Money laundering is like an art where launderer may change and evolve the way of how the money is going to be laundered. The generic term used to describe money laundering is the process by which criminals disguise the original ownership and control of the proceeds of criminal conduct by