The complete guide to selecting the right card processor
Every millisecond of every minute of every day, somewhere around the world a card transaction is being processed. According to
Visa’s recent annual report, more than 582,192 transactions were processed every minute in 2019.
Because transaction processing happens behind the scenes, it may seem like one processor is interchangeable with another. Be careful of making this assumption: It can drastically limit your business’s ability to innovate.
To pick the right card processor, it helps to ground your evaluation in nine critical factors:
Open APIs
Advanced spend controls
Real-time participation in authorization decisioning
Accessibility of ISO 8583 message data
Data insights
Risk scoring
Modern architecture
Global integrations
Unified administration
For a complete discussion of each factor and the role it plays in modern card issuing and processing, please check out the white paper, “The complete guide to selecting the right card processor.”