All these choices and so little time
Making a purchase with a card is more convenient than other options available to consumers and businesses. However, the relative simplicity of a card payment is made possible by an incredibly complex infrastructure. In fact, there are more than 700 possible combinations of brands, networks and processors alone.
Trying to determine which of those combinations is best for your bank or credit union requires a considerable amount of expertise and benchmarking data. This market brief addresses how this data can be used to:
- Provide historic, real-time comparisons of pricing.
- Access market information on recent contractual terms.
- Assess when a vendor contract falls outside of market averages.
To learn more about how to determine the best combination of options for your bank or credit union, complete the form on the right and download this market brief.