The Green Sheet Online Edition
February 22, 2010 • Issue 10:02:02
Acquiring's big kahunas
I am trying to find a list that we have seen published before that lists top U.S. acquirers. Where can I find this?
Terminal Velocity Processing
The most recent list we published of the top 10 bankcard acquirers, along with the estimated processing dollar volume of each, is on page 10 of the "2009 Acquirers report: Creating order from haos," GSQ, Vol. 12, No. 4, December 2009.
For your convenience, here is the list, with the largest acquirer at the top:
- First Data Corp.
- Chase Paymentech Solutions LLC
- Elavon Inc.
- Fifth Third Processing Solutions
- Global Payments Inc.
- Heartland Payment Systems Inc.
- First National Payment Solutions
- RBS WorldPay
- National Processing Co.
Look for an updated list in December's GSQ, the edition of our in-depth quarterly that traditionally provides an annual update on the state of merchant acquiring.
From GS Online's MLS Forum
The premier online network for payment pros
Following is a question presented by GS Online Forum member ncrum:
I plan to send a video e-mail to all my clients on the reasons and advantages of having a knuckle buster/imprinter as a backup. To make sure I don't miss anything, could some of you provide bullet points on why merchants should have one of these units in each of their locations?
Forum member gmartin responded with the following list:
- Chargeback protection on keyed sales
- Unique paperweight
- Something handy to throw at the next bankcard guy that walks in the door
- Backup when power or phone is lost
- Keeps dust off the counter where it is placed (it collects all that dust on it's own)
FastTransact reminded ncrum to "include the proper handling, storing and destruction of the merchant copies and carbons. Take advantage of their attention to the PCI requirements."
Ncrum thanked them both for responding. He appreciated the humor in gmartin's list and said it would "help make my video a bit humorous rather than so serious." He also indicated he would take FastTransact's advice.
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