As software and integrated payments become more central in day-to-day business management, acquirers will be forced to change their approach. A majority of growth in the US payments market will be generated from eCommerce and software led sales, meaning that payment providers will need to adapt to this changing landscape. Merchants require more functionality than a standard terminal or the ability to accept cards. Merchants require multifaceted software platforms that allow for flexible multi-channel selling and support. The Next Generation of Acquirers must become more than payment experts, they must become software experts as well. The companies analyzed in this report have embraced this new reality by developing their own merchant solutions, i.e. a software/technology that they offer in addition to traditional acceptance.
The Report covers the following information on North American Bancard, Paysafe, and Shift4 Payments:
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