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Today’s card accepting retailers are trying to manage EMV implementations, mobile payments, data security, rewards/loyalty, surcharging, and emerging payment networks, among other items. Each of these challenges is creating numerous opportunities for acquirers, processors, and independent sales organizations (ISOs) to provide additional products, services, and advice.
Now in its seventh iteration, Mercator Advisory Group’s annual report on the U.S. merchant acquiring market, Merchant Acquiring in 2013: New Distribution Channels Drive Growth discusses market performance of the largest U.S. acquirers as well as emerging issues in the acquiring space.
In particular, this report discusses the importance of solutions for securing card data and managing PCI compliance costs as well as the potential impact of emerging solutions for mobile card acceptance. The report also analyzes several key events and themes worth tracking in 2014 such as EMV implementations, fallout from interchange regulation and merchant discount litigation, PayPal’s in-store rollout, and the growing importance of small and medium enterprises (SMEs) and industry specialization for growing payment volumes.