Merchant Benefits of Multi-Acquiring Partnerships (Series 2)
May 12, 2021
Checking in for part 2?
Let’s explore the survey’s participant pool and key factors involved during the study. The survey aimed to quantify rationale for different acquiring strategies and the operational benefits of use to merchants with payment gateways capable of supporting multiple acquirers.
. For a robust study, ACI Worldwide and Edgar, Dunn & Company (EDC) developed a full picture of the market from a sample of merchant respondents with varying business sizes, verticals and geographic locations.
Each merchant offered feedback on the number of acquirers in their network as well as the reasoning behind their operating strategies. Ninety-three merchants running in North America, Europe/MEA or globally took part in the survey.
By the Numbers
Close to half (43%) of merchants worked with a single acquirer, while the remaining 57% found multi- acquiring arrangements ideal for their business model. Each merchant preferred the number of acquirers to work with: 44% work with between two and five while 8% used more than ten (three having used between 30-33 acquirers with one using 57).
Do you plan to change your acquiring arrangements within the next year?
No Data Found
Close to half (43%) of merchants worked with a single acquirer, while the remaining 57% found multi- acquiring arrangements ideal for their business model. Each merchant preferred the number of acquirers to work with: 44% work with between two and five while 8% used more than ten (three having used between 30-33 acquirers with one using 57).
We will take a deep dive in the next part of our series as we explore merchant satisfaction and reasoning for their multi-acquirer engagements. Share you experiences as a business owner navigating the digital transactions landscapes. Tell us how many multi-acquirer partnerships you have or plan to have in the near future.
Alto Global Processing can be your next partnership for seamless and global transactions. Reach out today so we can build a relationship!
Share your thoughts on our LinkedIn page.
SMEs: Analyzing 2023 And What to Expect in 2024
Mobile Payments: Will They Dominate The Market?
