Until recently, Merchant Acquiring and Card Issuing processes were
at different ends of the spectrum. However, ingenuity, competitive pricing for merchant services, and an opportunity to
better serve the growing number of new businesses are resulting in a confluence of acquiring and issuing in the
payments industry. Acquirers are now offering payment products
and services that were once available only through issuers and unlocking
new revenue opportunities while fueling merchant service enhancements that bolster
their bottom lines.