Competition
Merchant services is a very competitive industry especially when it comes to credit card processing. Among the thousands of firms offering merchant services in the United States a few have been more dominant than others.
- First Data - Founded in 1969, First Data currently employees 33,000 workers and has become one of the nation's largest payment processors, specializing in credit card processing, ATM processing and electronic check acceptance.
- GlobalPay - although Global Payments and GlobalPay have a very similar name they are not associated with each other. GlobalPay specializes in payment processing through wireless devices and e-commerce systems, as well as traditional retail solutions.
Read more about this topic: Global Payments Inc.
Famous quotes containing the word competition:
“Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”
—Franklin D. Roosevelt (1882–1945)
“All adults who care about a baby will naturally be in competition for that baby.... Each adult wishes that he or she could do each job a bit more skillfully for the infant or small child than the other.”
—T. Berry Brazelton (20th century)
“Every sect is a moral check on its neighbour. Competition is as wholesome in religion as in commerce.”
—Walter Savage Landor (1775–1864)