Merchant Accounts Services Blog
Accept Credit Card Processing Today
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Jul12
Credit Card Processing
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The US credit card processing industry includes about 2,000 companies with combined annual revenue over $40 billion. Major companies include Banc of America Merchant Services (a joint venture between Bank of America and First Data), Alliance Data Systems, Total System Services, Heartland Payment Systems, and Global Payments. The industry is highly concentrated: the top four companies account for nearly 40 percent of industry revenue.
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