The Top 10 Largest Merchant Processing Acquirers in the Country
As stated in the Nilson Report in March, 2010, these are the top 10 largest merchant processing acquiring banks:
- 1. First Data
- 2. Bank of America
- 3. Fifth Third Bank
- 4. Chase Paymentech
- 5. Heartland Payments
- 6. RBS WorldPay
- 7. Elavon
- 8. Global Payments
- 9. Wells Fargo
- 10. FNMS
Your Merchant Service Provider may be a registered ISO for one of these banks. There is nothing wrong or less advantageous to using a registered ISO of a bank as opposed to going to the bank directly.
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