Tags » Barclays, ECommerce Payments, Merchant Acquirers, Merchant ISO's, Processors
Barclays Bank and TRANSFIRST have announced a strategic partnership to provide U.S. merchants with processing solutions for worldwide payment transactions with TRANSFIRST becoming a registered International Service Organisation/Member Service Provider of Barclays Bank. These services will allow U.S. merchants to accept payment in Europe, in their international customers' currency of choice while receiving U.S. dollars for payment.
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Tags » Consumer Debt, Credit Cards, Financial Regulators
Martin Crutsinger reports for the Associated Press on yesterday's consumer credit figures for April from the Federal Reserve. "For April, consumer borrowing on credit cards and other types of revolving loans rose at an annual rate of 4.5 percent after having fallen by 2.3 percent in March."
Tags » First Data Corp., Western Union
First Data Corp. has announced that Western Union has filed a Form 10 registration statement with the Securities and Exchange Commission in connection with the planned spin-off by First Data of the Western Union business.
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Tags » Payments News - Headline News
Note: Throughout the day, as Payments News happens, this post is updated.