If you follow the payments space even casually, you are no doubt aware of the sequence of the mega mergers that have taken place between merchant acquirers and core processors this past year. Source: scuttleblurb and public filings The bolded companies in the table above are the surviving merged entities, their market caps and enterprise […]
In the payments space, the difference between a distributor and a competitor can be so blurry as to lose functional meaning. Mercury Payment was a significant ISO for legacy acquirers before Vantiv acquired it from Silver Lake. Stripe offers many of the same services as the legacy acquirers to whom it outsources transaction processing. Ditto […]
This is Part 1 of what I expect will be a 3-part series on merchant acquirers and issuer-side payment processors [edit: 4-part series!]. It describes the basic mechanics of the merchant acquisition model and delves into how incumbent players like First Data, Global Payments, and Worldpay got to where they were prior the flurry of […]
