Payment Processing - Coverage Report Q3 2018

Published on: 10/03/2018

The record-breaking US bull market, characterized by historic levels of disposable income, rising consumer sentiment, and a 5.2% year-over-year increase in consumer expenditure, has driven an upswing in the Payment Processing industry. Expanding consumption coupled with the shift toward real-time, omnichannel payment processing systems has allowed niche companies to emerge and capture market share. Efforts to provide customers with value-added platforms that blend customer experience, marketing, and payment processing together have led to industry consolidation as companies seek to capitalize shifting preferences.

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