Merchant Acquiring in the United States 2008
Mercator Advisory Group has published a new report titled "Merchant Acquiring in the United States 2008: Birth of the Perfect Storm". Mercator talks about three major events influencing the US merchant acquiring business: 1) Legislation - interchange legislation being considered in Congress, 2) Dissolution - the split of Chase Paymentech between First Data Corp. and JP Morgan Chase, and 3) Recession - the potential effects of a slowdown in the US economy.
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