Merchant Acquiring Ecosystem and Emerging Trends
Widespread, global acceptance is Visa’s largest value proposition to our clients. For most of Visa’s history, acquiring was a steady and mature industry that focused on point of sale acceptance. Now, the merchant acquiring landscape is rapidly changing in response to innovation, regulation, and new market entrants. Additionally, acceptance is expanding to new locations and market segments. As a result, the industry is growing more complex, and participants must adapt to the new forms of acceptance.
In this session, Debit Sarkar, Anuj Bathla, and Michelle Wong of the Visa Global Pricing & Interchange Strategy team will provide an overview of the acceptance landscape and its major players, how recent trends are driving changes in the market, the economics of merchant acquiring, and the evolving value chain and business models. Debjit and his team manage the merchant and acquirer partnership strategy for the top acquirers and top 50 merchants in the U.S.
New Entrants to the Industry
Changing Consumer Behaviors
Emerging Payments Form Factors
Innovation in Acceptance Solutions
Global Government Regulation
New Landscape: Threats and Opportunities
New Business Models and Capabilities
1 course, 60 minutes
Issues / Facts:
The way we conduct commerce is changing rapidly and expanding beyond the traditional point of sale. New industry players are altering the competitive dynamics of the industry. Mobile NFC payments are still in a nascent stage in the U.S., while contactless is widespread in other markets. New acceptance form factors such as QR codes are driving the conversion to cashless in emerging markets. This online course addresses these changes and its implication on the industry.
Who Should View: Payments professionals on the merchant acquiring side of the industry