ETA/TSG Infographic: The Future of Payments is Integrated
10-1-2019
ETA and The Strawhecker Group (TSG) released a new infographic that explores the fast-growing marketplace for integrated payments and Independent Software Vendors (ISVs) in the payments technology industry.
The infographic offers a detailed look at the facts and figures behind the drive towards integrated payments technology. According to TSG’s merchant database, ISVs are the fastest growing sales channel among U.S. merchant acquirers, growing 115 percent from 2012 to 2019. Further, TSG data finds that merchants that process payments via an ISV have six percent less account attrition than all other merchants.
The infographic helps highlights other topics, including
- How merchants rely on software
- The value ISVs provide to acquirers
- Why acquirers need an ISV strategy
Click here to download the infographic.
About ETA
The Electronic Transactions Association (ETA) is the world’s leading advocacy and trade association for the payments industry. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U.S. and in more than a dozen countries around the world. ETA members make commerce possible by processing approximately $56.75 trillion annually in purchases and P2P payments worldwide and deploying payments innovation to merchants and consumers.
ETAs membership spans the breadth of the payments industry to include independent sales organizations (ISOs), payments networks, financial institutions, transaction processors, mobile payments products and services, payments technologies, and software providers (ISV) and hardware suppliers. For more information, visit electran.org.
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