article thumbnail

New Data: Why MSPs Are Staking Their Futures On Value-Added Services

PYMNTS

Businesses need help to access and deploy these powerful tools, however – and this means their merchant service providers (MSPs) must be prepared to step up. Many MSPs, including acquirers, independent sales organizations, payment gateways and payment facilitators, are starting to recognize this. Most MSPs already offer a suite of VAS.

MSPS 52
article thumbnail

Picking The Best Merchant Services Provider for your Sage Software

EBizCharge

MSPs work with financial institutions to ensure merchants can accept electronic payments smoothly. Here are some of the services MSPs offer: Payment processing: MSPs manage payment processing operations for businesses to process customer payments using various payment methods.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

UK Businesses Turn to MSPs as Part of ‘Complex Strategy’ as IT and Tech Skills Gap Widens

The Fintech Times

” “MSPs have an important role to play in that strategy – helping businesses to bridge the skills gap, focus on their goals, and smartly reappropriate resources. ” The post UK Businesses Turn to MSPs as Part of ‘Complex Strategy’ as IT and Tech Skills Gap Widens appeared first on The Fintech Times.

MSPS 52
article thumbnail

What is a Merchant Account and Does Your Business Need One?

EBizCharge

Merchant account providers (MSPs) often offer tailored solutions based on the type of business and online transaction volume. It’s important for these businesses to work with experienced MSPs who understand their unique needs to mitigate account closures and additional penalties.

article thumbnail

NEW DATA: Why 63 Pct Of Merchant Services Providers Want A Payments Overhaul

PYMNTS

These challenges are especially acute for merchant service providers (MSPs) and the clients they serve. After all, many businesses look first to their MSPs, including acquirers and independent sales organizations (ISOs), to connect them to the vast and growing digital ecosystem. Nearly two-thirds of providers, 63.5

MSPS 53
article thumbnail

Optimizing Merchant Services: The Need For Speed

PYMNTS

For example, merchant services providers (MSPs) have long supplied credit card processing for retailers as their central offering. But with instant money and open banking rewiring entire industries, MSPs have accepted that it’s no longer “business as usual.” Creative destruction eradicates some business models and reformulates others.

MSPS 52
article thumbnail

Value-Added Services Hold Key To The MSP Future

PYMNTS

What do the biggest, most successful merchant service providers (MSPs) concur is the key to their collective future? The answer to that cliff-hanger opener, incidentally, is value-added services (VAS) — the growing assortment of benefits that MSPs provide to their merchant clients. Either way, the trend is gaining momentum fast.