Merchant Service Provider Companies. The following are the three types of merchant service providers in usa. We evaluated dozens of popular providers to identify the best merchant services for small businesses.
It accomplishes the payment by relaying the payment information, like a credit card, from the customer to. We’ll be comparing the features and pricing structures of paypal, stripe, and square and ourselves, hopefully giving you a good idea of which company will work. For example, an isp is a merchant that accepts payment cards for monthly billing, but also is a service provider if it hosts merchants as customers.” (source:
This is how it works:
Here are some of the benefits they can offer your business: You can get different companies offering many attractive services to lure merchants. This means that cardholder data stored by your business, including names and card numbers, is secure. Handles approximately 42% of uk card payments.