First Data Overview First Data is one of the largest merchant account providers in the world. First incorporated in 1971, the company has been since been acquired and spun off by various entities, including American Express and the private equity firm Kohlberg Kravitz Roberts. First Data is currently a publicly traded company following a $2.56 billion IPO […]
Read MoreFirst Choice Payments Overview First Choice Payments is a merchant account provider that appears to be a DBA of Wholesale Merchant Processing and its related businesses. Numerous sources suggest that Smart Choice Payments, Wholesale Merchant Processing, and North American Processing Solutions are all DBAs of First Choice Payments, although the exact corporate structure linking them is unclear. The Smart Choice Payments […]
Read MoreFederated Payments Overview Federated Payments is a midsize merchant account provider that serves businesses in both the U.S. and Canada. The company resells the products of several processors, including Global Payments, TSYS, and Chase Paymentech. Federated Payments claims to serve over 100,000 merchants, to be an “Inc. Magazine 500/5000 company,” to be one of the “Top […]
Read MoreEvolution Bankcard Overview Evolution Bankcard is a merchant account provider that acts as a subsidiary of EVO Payments International and describes itself as a member of “Commerce Payment Group.” Evolution Bankcard appears to lack the global scale of its parent company, as its website consists of a single page targeting U.S.-based merchants. It is unclear at this […]
Read MoreEncore Payment Systems Overview Encore Payment Systems is a mid-size merchant account provider that operates as a division of EVO Payments International. EVO acquired Encore Payment Systems in 2013 and has since kept the Encore brand active rather than absorb it into EVO Payments International. Encore also does business in the U.S. under the names “Prodigy Payment […]
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