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Worldpay provides payment strategies and technologies to over 1,400 financial institutions, including more than 700 credit unions throughout the U.S., supporting over 33 million debit cards and processing more than 15.7 billion transactions each year. [36]
[1] [2] Launched in 2009 by Block, Inc., [3] it enables sellers to accept card payments and manage business operations. As of 2023, Square is the U.S. market leader in point-of-sale systems, [ 4 ] [ 5 ] [ 6 ] serving 4 million sellers and processing $210bn annually.
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
Mobile payment apps are usually free, but many have per-transaction fees. In addition, businesses will incur credit card processing fees regardless of what payment system they use.
Through Total System Services (TSYS), its issuer processor business, Global Payments helps banks manage credit and debit card portfolios. [31] Global Payments operates in more than 100 countries and serves 3.5 million merchants as well as 1,300 financial institutions. [32] The company processes more than 50 billion transactions per year. [33]
In late 2017, the company acquired a former Citigroup card production facility in Columbus, Ohio and invested $25 million to build out a second, 200,000 square feet (19,000 m 2) credit card production facility, with a capacity to produce 67 million credit cards per year. [22] In January 2018, the company acquired Cayan for $1.05 billion. [23]
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