Friday, April 12, 2019
Jared Drieling, senior director of business intelligence at TSG, said, "Many entities and industry journals in our space reference this report when discussing their status compared to other competitors," he stated. "In terms of comprehensiveness and depth, there is not another source for this type of data in our space. We have a lot of clients that eagerly await these results."
Drieling further noted that analysts combined direct surveys and secondary research to derive more than 8,000 data points across the 300 entities reviewed. Cumulative data resulted in the largest U.S. acquirer directory that TSG has ever completed, he stated.
Describing the merchant acquiring segment as top-heavy, Drieling observed the sector's continuing consolidation, stating that the pending acquisitions of First Data and Worldpay will give seven of the top 10 acquirers exceedingly strong bank channels. However, these legacy players must also compete with an of new technology players, such as Adyen, Stripe, Shopify, Square and Braintree, which all are all top rated by payment card volume, he stated.
Following are additional data points cited in the directory:
"M&A activity in the payment processing space has shown no signs of slowing down," Drieling said. "Acquirers continue to purchase competitors and are completing ISV acquisitions at a faster pace. The acquiring community is eager to keep their eye on newer entrants that rapidly enter the scene and initiate new ideas for transaction technology."
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