The Challenges of Managing Global Merchant Payments
The global consumer payments industry continues to experience tremendous growth and unprecedented opportunity. The stakes are high and roles are evolving for all participants - from acquirers and processors, to banks, card associations, and regulators. For large U.S. acquirers, global expansion is central to continuing their double digit growth rate and shareholder value. For European, Latin American, and Asian acquirers it will determine their ability to compete locally and regionally over the next three to five years.
In this Strategic Commentary entitled “The Challenge of Managing Global Merchant Payments,” Speer & Associates, Inc. (S&A) provides perspectives for all of the players in various geographies, as they respond to ever-growing challenges to their current roles in the process of effecting payments.
