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New Data: Why MSPs Are Staking Their Futures On Value-Added Services

PYMNTS

Businesses need help to access and deploy these powerful tools, however – and this means their merchant service providers (MSPs) must be prepared to step up. Many MSPs, including acquirers, independent sales organizations, payment gateways and payment facilitators, are starting to recognize this. Most MSPs already offer a suite of VAS.

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PayPal Deal, Connected Economy And Cyberwar Top Week’s News

PYMNTS

PayPal made a big acquisition, and Citigroup made a big appointment. PayPal Finalizes $4B Honey Acquisition. These challenges are especially acute for merchant service providers (MSPs) and the clients they serve. The connected economy is coming into focus, and we looked at the potential for a cyberwar with Iran.

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NEW DATA: Why 63 Pct Of Merchant Services Providers Want A Payments Overhaul

PYMNTS

These challenges are especially acute for merchant service providers (MSPs) and the clients they serve. After all, many businesses look first to their MSPs, including acquirers and independent sales organizations (ISOs), to connect them to the vast and growing digital ecosystem. Nearly two-thirds of providers, 63.5

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Merchants, PayFacs And Monetizing Payments Flows

PYMNTS

Connor noted that historically, acquiring was centered around indirect sales channels, through independent sales organizations (ISOs) or merchant service providers (MSPs). That paves the way for alternative payment methods, spanning Apple Pay or PayPal , for example, or local payment methods preferred across far-flung regions and currencies.

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What is a Payment Processor?

Clearly Payments

ISOs (Independent Sales Organizations) or MSPs (Merchant Service Providers) ISOs, or Independent Sales Organizations , act as intermediaries between merchants and acquirers. Collaborating with acquirers, ISOs facilitate the establishment and management of payment processing systems for merchants.

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Comparison and List of Payment Acquirers, ISOs, and Aggregators

Clearly Payments

In the intricate landscape of payment processing, merchants are confronted with a choice between three types of payment processors: Acquirers, Independent Sales Organizations (ISOs or MSPs), and Aggregators (PSPs or PayFacs). An ISO is what Visa calls their approved merchant account providers and an MSP is what MasterCard calls them.