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According to Research and Markets, the global merchant acquiring market was valued at around USD 24.91 billion in 2021 in terms of volume. In terms of transaction flow, the market reached 421.03 billion in 2021๐ธ ๐ธ
Merchant #acquiring has often been seen as a commodity, hence forcing players to compete on transactional volume and margins. Today however, new technology and agile players are now differentiating the acquiring offering by upgrading the game with greater ux, value added services, security products and other innovative layers etc...
Every year Nilson Report compiles a league table tracking the largest merchant acquirers globally๐ซ. The retail segment accounts for the major share of the Merchant Acquiring market globally.
Below is an extract of the largest 15 players. Congrats to all these top players๐. They are ranked by volume of purchase transactions (Visa, Mastercard, China UnionPay, American Express, Discover Financial Services, Diners Club International, JCB International (Europe) Ltd. and the domestic #debit and domestic #credit card schemes) by country.
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