TSG recently released its Top 300: Directory of U.S. Merchant Acquirers, a report that details key business statistics on over 300 of the nation’s payment processing players. Collectively, the entities in this directory are estimated to represent over 90% of all card payment volume in the country.
- With the pending acquisitions of First Data and Worldpay, eight of the top 10 acquirers will have an exceedingly strong bank-channel
- The top 5 players processed an estimated $4.3 trillion in card volume in 2018
- 21% of the entities listed are publicly traded companies
- Newer entrants from the technology space; Adyen, Stripe, Shopify, Square, & Braintree are all top 30 players by card volume
- 61% of the entities listed offer cash advances or business loans
- 40% of the top 10 were determined to have 10% or more growth in card volume, transactions and/or merchants since last year
- 34% of the entities listed sell First Data’s Clover products
- Chase made its way to the top of the list in terms of total U.S. est. card volume
- Georgia is the most common headquarter state for the top 25 players