Research and Markets: The US Credit Card Processing Industry Includes Fewer Than 500 Companies with Combined Annual Revenue under $10 Billion Says This 2009 Report

DUBLIN--(Business Wire)--
Research and
Markets(http://www.researchandmarkets.com/research/3de492/credit_card_proces)
has announced the addition of the "Credit Card Processing" report to their
offering.

First Research is the leading industry intelligence company that helps sales
teams perform faster and smarter, open doors, and close more deals. First
Research performs the "heavy lifting" by synthesizing hundreds of sources into
an easy to digest format that a sales person can consume very quickly to better
understand a prospects business issues.

Brief Excerpt from Industry Overview Chapter:

The US credit card processing industry includes fewer than 500 companies with
combined annual revenue under $10 billion. Major companies include First Data
Corporation, Total System Services, Global Payments, and Bank of America's BA
Merchant Services. The industry is highly concentrated: the top four companies
account for 40 percent of industry revenues.

COMPETITIVE LANDSCAPE

Demand is driven by consumer spending. The profitability of individual companies
depends on efficient operations, as services are sold largely based on cost.
Large companies have big economies of scale in processing and can provide more
services; small companies can compete by specializing in industries and
providing custom services. The business is highly automated and
capital-intensive: average annual revenue per employee is about $225,000.

PRODUCTS, OPERATIONS & TECHNOLOGY

Processors provide transaction services to banks that issue credit cards and to
merchants that accept credit card payments. Merchant products include
authorizing, capturing, and settling merchants' credit and debit card
transactions, and handling chargebacks. Chargebacks occur when a consumer
disputes a charge and charges it back to the merchant. Processors also sell or
lease point-of-sale (POS) terminals. Card issuer products include transaction
authorization and posting, statement generation and printing, and card
embossing.

Large processors such as First Data Corporation and Total System Services
provide services to both sides of the transaction.

Key Topics Covered:

* Industry Overview
* Quarterly Industry Update
* Business Challenges
* Trends AND Opportunities
* Call Preparation Questions
* Financial Information
* Industry Forecast
* Website and Media Links
* Glossary of Acronyms

For more information visit
http://www.researchandmarkets.com/research/3de492/credit_card_proces

Source: First Research

Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716

Copyright Business Wire 2009