Changing competitive dynamics are the new normal within the U.S. payments industry. Increasing disruptive forces and new entrants present strategic threats to traditional merchant acquirers. A new research report from Mercator Advisory Group, U.S. Merchant Acquirers Confront Disruptive Payments Industry Forces, discusses major factors impacting the industry’s long-time players. Additionally, the report profiles leading merchant acquirers and estimates their U.S. market share.
“Incumbent merchant acquirers have not been oblivious to changes taking place within their segment of the U.S. payments ecosystem. Most have been offering more added-value services in recent years as well as actively pursuing mergers and acquisitions. But now, rapidly evolving consumer shopping behavior, and growth of e-commerce and mobile payments methods, have become game-changers, forcing traditional acquirers to take action or be left behind,” commented Raymond Pucci, Director, Merchant Services, at Mercator Advisory Group, and author of this report.
This report is 20 pages long and has 7 exhibits.
Companies mentioned in this report: Adyen, Affirm, Amazon, Bank of America, Best Buy, BlueSnap, CardFree, Checkout.com, Citibank, BBVA Compass, Early Warning, Elavon, First Data, Fiserv, Global Payments, Home Depot, Klarna, Lowe’s, Macy’s, Mastercard, PayPal, Paysafe, PNC Bank, Poynt, Santander, ShopKeep, Square, Stripe, SunTrust, Target, TSYS, US Bank, Verifone, Visa, Walmart, Wells Fargo, and Worldpay.