Cynergy Data Overview Cynergy Data is a very large merchant account provider that serves over 100,000 merchants and processes over $10 billion in transactions annually. The company went bankrupt in 2009 but was subsequently acquired by a private investment firm called the Comvest Group for $81 million. The Comvest Group then merged Cynergy Data with […]
Read MoreCreditCardProcessing.com Overview CreditCardProcessing.com is a website owned and operated by the merchant account provider iPayment. CreditCardProcessing.com does not prominently mention iPayment on its website, and merchants who visit the site could understandably reach the conclusion that CreditCardProcessing.com is its own independent entity. However, business owners should be aware that all products and services sold through CreditCardProcessing.com […]
Read MoreCayan Overview Known as “Merchant Warehouse” until 2015, Cayan is a very large First Data reseller located in Boston, Massachusetts. Founded in 1998, the company claims to serve over 30,000 merchants and process over $7 billion in payments per year. Cayan’s 2015 rebranding was partially intended to reflect the company’s renewed focus on emerging technologies and multichannel commerce, […]
Read MoreCentral Payment Corporation (CPAY) Overview Central Payment Corporation (also known as “Central Payment” or “CPAY”) is a merchant account provider that operates as part of a “joint venture” with TSYS. The phrase “joint venture” is intended to reflect that while TSYS owns more than half of Central Payment Corporation, the company still operates with some degree of independence. […]
Read MoreMerchants’ Choice Payment Solutions Overview Merchants’ Choice Payment Solutions is a merchant account provider that, through a partnership with Elite Merchant Solutions, resells the products and services of Chase Paymentech. The company claims to be one of the top merchant acquirers in the U.S. with more than 60,000 merchants and over 1,000 partner banks in 17 […]
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