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Mastercard Debuts POP to Improve Merchant Approval Rates
Mastercard has introduced a service aimed at improving approval rates for merchants. The Payment Optimization Platform (POP) uses data to make “intelligent decisions about transactions,” the company said in a Monday (Oct. 13) announcement. According to...
Verifone to Launch Single Point-of-Sale Integration for Fleet Cards
Global payments technology provider Verifone unveiled a solution that will enable convenience retailers and truck stops to accept WEX and other commercial fleet cards through a single point-of-sale integration. Previously, operators needed separate hardware and...
PayPal Stock Downgraded To Sell. Goldman Sachs Sees Margin Pressure Ahead.
Goldman Sachs on Monday downgraded PayPal Holdings (PYPL) to sell from neutral on views that the digital payments company will face potential transaction margin pressure in 2026. PayPal stock dipped, although the Nasdaq and other stock exchanges rebounded on...
East West Bank to Offer Commercial Clients Worldpay Solutions
Southern California-based East West Bank can now refer its business and commercial banking clients who are seeking in-store and online payment solutions to Worldpay. The bank and the payments technology and solutions company have formed a long-term agreement...
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