Exact(3)
Chase Paymentech currently powers payment platforms such as Square, and Apple Pay.
Bango (AIM: BGO) powers payment and analytics on the mobile web, providing users with a massively smooth payment experience.
That technology, in turn, powers payment apps for large business like Subway, Harris Teeter supermarkets, Capital One bank, and — perhaps most notably — MCX, a merchant-owned network that is developing a payment app called CurrentC.
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The company has officially closed its acquisition of WePay, the payments startup that powers payments for crowdfunding platforms like GoFundMe and competes with the likes of Stripe to provide payments infrastructure to any business that makes transactions online.
With the news that Facebook has been talking to financial services startups in the UK about launching e-money services, one of the companies that powers payments for those startups has raised a round of funding.
"It was mainly about market discovery," said Mike Laven, CEO of Currency Cloud, the London-based startup that powers payments at the back end for all three of these companies, as well as several of their competitors.
It's currently uses Stripe to power payment processing, but is looking into adding other payment options as well.
The technology is there to power payment experiences that don't require entering a password or sharing credit card details.
Today, PlaySpan is announcing a fairly significant deal with Nickelodeon to power payment services for virtual goods and microtransactions for the Nickelodeon Kids and Family Virtual Worlds Group.
You should receive a confirmation email notifying you that your Appalachian Power payment was successfully received.
This isn't the first time rumors have surfaced that Amazon is looking to power payments: last year, Bloomberg reported Amazon was exploring a NFC-powered mobile payments service, but no such product has been released.
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