DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/67f3f2/credit_card_proces) has announced the addition of the "Credit Card Processing " report to their offering.



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Executive Summary



Brief Excerpt from Industry Overview Chapter:



The US credit card processing industry includes about 2,000 companies with combined annual revenue over $40 billion. Major companies include Banc of America Merchant Services (a joint venture between Bank of America and First Data), Total System Services, and Global Payments. The industry is highly concentrated: the top four companies account for 40 percent of industry revenue.



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/67f3f2/credit_card_proces

Source: First Research





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