The battle between traditional payment processors and financial institutions and upstarts looking to dethrone them is on.
The upstarts, obviously, have their work cut out for them. Entrenched players like Verifone have significant marketshare, and are increasingly employing interesting strategies in an attempt to ensure they always have a seat at the dinner table.
That means one thing: the upstarts have to get clever and creative. And that’s just what they’re doing.