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Authorize.Net was founded in 1996, in Utah, by Jeff Knowles. [2] As of 2004, it had about 90,000 customers. [3]Authorize.Net was one of several companies acquired by Go2Net, a company backed by Microsoft founder Paul Allen, in 1999, [4] for US$ 90.5 million in cash and stock. [5]
Shift4 Payments, Inc. is an American payment processing company based in Allentown, Pennsylvania. [2] [3] The company, founded in 1999 by the then 16-year-old Jared Isaacman, processes payments for over 200,000 businesses in the retail, hospitality, leisure and restaurant industries.
In 1974, it began processing credit cards for other banks. In August 1983, the company became a public company via an initial public offering. [5] In 1995, the company merged its merchant processing services with those of Visa Inc. [6] In August 2004, the company acquired Clarity Payment Solutions for $53 million. [7]
Mastercard Inc. (stylized as MasterCard from 1979 to 2016, mastercard from 2016 to 2019) is an American multinational payment card services corporation headquartered in Purchase, New York. [3] It offers a range of payment transaction processing and other related-payment services (such as travel-related payments and bookings).
Bambora offered services which customised and automated existing account receivables operations, including third-party software, as well as merchant level 1 PCI DSS compliance solutions and payment gateways to clients who process credit card transactions.
Payment and settlement systems are used for financial transactions in India. Covered by the Payment and Settlement Systems Act of 2007 (PSS Act), legislated in December 2007, they are regulated by the Reserve Bank of India (RBI) and the Board for Regulation and Supervision of Payment and Settlement Systems.
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