The phrase "payment operator" is grammatically correct and can be used in written English.
It refers to a person or company responsible for managing payments, such as a cashier, bank, or payment processing service. An example of using "payment operator" in a sentence could be: "The payment operator at the store processed my credit card transaction quickly and efficiently."
"We believed, at one point in time, that mobile payments would be like telecom," said Vijay Shekhar Sharma, C.E.O. of One97 Communication, which runs a mobile payment operator called Paytm.
Ant Financial is also on the cusp of buying U.S.-based cross-border remittance Moneygram for $1.2 billion following a bid from rival payment operator Euronet.
Ant Financial is also bidding to buy U.S.-based cross-bordering remittance firm Moneygram, but the company is also considering a bid from rival payment operator Euronet.
Square's success is uncertain, but the Starbucks alliance is likely to be only the first for it and other mobile payment operators.
M-Pesa and other mobile payment operators in Africa have been rapidly expanding, and with this expansion are coming many next-generation innovations in financial services.
In recent years, fraudsters "have become increasingly sophisticated in using this to trick people into sending money to the wrong account," said the UK's payments operator, Pay.UK.UK
The agreement was made possible via a partnership with mobile payments operator BillToMobile.
After announcing direct relationships with AT&T, Zong, Boku are announcing relationships with Verizon through mobile payments operator BillToMobile (MoPay, another competitor in the space also has a partnership with BillToMobile).
Now, Braintree has opened slightly to allow developers to create test transactions and explore the provider's features and client libraries prior to being approved as a payments operator.
SAN FRANCISCO, Aug. 29 (AP) — Gap's chief financial officer, Byron H. Pollitt Jr., is leaving the slumping retailer on Sept. 14 to take the same job at the payment network operator Visa, the companies said Wednesday.
Payment network operator Visa has agreed to acquire e-payment company CyberSource for $26 per share, or total consideration of approximately $2 billion to be paid with cash on hand.
