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Acquirers/merchant banks have many layers of fees! |
Acquirers: Acquirers, also known as the acquiring or merchant banks, are financial institutions that maintains where the merchant's account is set up in order for the merchant to accept credit cards. The acquirer settles card transactions into the merchant's account. Sometimes the payment processor and the acquirer are one and the same.
Fiserv
- First Data
- Wells Fargo Merchant Services
- Bank of America Merchant Services
- Citi Merchant Services
- PNC Merchant Services
- SunTrust Merchant Services
- Intuit – Quickbooks
- BB&T Merchant Services
- Santander Merchant Services
- M&T Bank
- BBVA Compass
- TD Bank
- KeyBank
- Citizens Bank
- Deluxe Merchant Services
FIS - Fidelity National Information Services
- WorldPay
- Vantiv
Global Payments
- TSYS
- Heartland
- Cayan
- International Bancard
US Bancorp
- Elavon
- Sage
These large ACQUIRERS list above own national banks and some of the largest merchant processors in the market today! But as you can see, they have multiple layers to fees with each layer of company!
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| Direct Processors work directly with VISA/MasterCard/Discover/American Express to give merchant fewer fees! |
Direct Processor: The term “direct processor,” refers to any payment processing company that has direct access to Visa and MasterCard's credit networks. There is no middle-man raising costs!
- Priority Payment Systems > Merchant Processing Solutions Inc.
- ChasePayment Tech
- Merrick Bank
- Paya
- Shift4 Payments
- Clearent
- Gravity Payments
- Redwood Merchant Services
- Integrity Payment Systems
- Newtek Merchant Solutions
- First Hawaiian Bank
- First Citizens Bank
- United Merchant Services
- Commercial Bank of California
- Complete Merchant Solutions
- Paragon Payment Solutions
- North American Payment Solutions
These companies Direct Processors work directly with the Brands (Visa/MasterCard/Discover/American Express) therefore giving you almost no layers of fees!
Which type of company would YOU like to work with? If you want a DIRECT PROCESSOR that will be transparent, honest and service oriented, call us TODAY!
MERCHANT PROCESSING SOLUTIONS INC.
954-938-2420
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