10 Most Promising Payment and Card Consulting/Services Companies - 2019

A Seamless cash flow is undoubtedly the lifeline of any organizations as payments fuel them to effectively perform business operations at successive stages of development. An ideal payment processing solution can enable firms to gain customer confidence while still reducing labor costs and eliminating the possibility of human error. A faultless transaction also assists firms in avoiding discrepancies, thereby allowing them to comply with regulatory requirements.

As companies embrace feature-rich solutions, they are able to make and accept a colossal amount of transactions within seconds. But, this has also led hackers to exploit possible vulnerabilities and affect business operations. Thus, various vendors are providing different consulting services along with solutions for advising best practices depending upon the type of businesses to reduce security breach. Organizations need to ensure that they provide the best payment security for building customer trust and brand credibility. However, the biggest challenge in the payment industry is to have a contingency plan owing to the ever-increasing transaction solutions.

Considering the importance of secure transaction for organizations, CIOReview brings you the list of “10 Most Promising Payment and Card Consulting/Services Companies - 2019.” A distinguished panel of CEOs, CFOs, industry analysts, and the CIOReview’s editorial team have closely scrutinized and nominated the best-in-class vendors in the payment and card technology marketplace. These service providers are domain experts that are transforming the payment and card space with new technologies, a fresh perspective, and new found energy while giving clients the flexibility they need.

We present to you CIOReview’s, “10 Most Promising Payment and Card Consulting/ Services Companies - 2019.”

Top Payment and Card Companies

Elavon provides end-to-end payment processing solutions and services to more than 1.3 million customers in the United States, Europe, Canada, Mexico, and Puerto Rico. As the leading provider for airlines and a top five provider in hospitality, healthcare, retail, and public sector/education, Elavon’s innovative payment solutions are designed to solve pain points for businesses from small to enterprise-sized. From e-commerce to mobile wallets and chip card acceptance, Elavon helps businesses, small and large, accept all payment types – and reap the benefits at the end of the day. Whether they need a simple or sophisticated payment solution, it covers it all

Electronic Merchant Systems is one of the leading providers of merchant services. EMS works for varied industry verticals like retail, internet and start-up businesses as they provide an innovative suite of business solutions and high-quality service. EMS dedicatedly provides all merchants with reliable payment processing that is secure, simple to use, yet has high functionality. With EMS, merchants can spend more time investing in their business than worrying about payment solutions or training their employees on how to use the credit processing devices

Payzer, a software technology and payments company provides end-to -end operating software. It’s a simple and easy payment solution for specialty trade contractors. Chief architect of Speedpass, a pioneering payments application that demonstrated the viability of cloud based wallets, tokenization, and RF technology at the point of sale. Speedpass was successfully implemented with 6 million consumer users in the U.S., Canada, and Tokyo. Payzer provides a mobile app and online payment application to take payments and enable credit for customers with instant on the spot approvals

BASYS Processing

BASYS Processing uses innovative strategies to deliver world class service and industry leading payment processing and business solutions, while creating an inspired culture for customers, partners, vendors, and employees. It makes accepting credit cards and debit cards convenient, safe & affordable. It provides services and solutions that include terminals, virtual terminals, e-commerce, mobile, and point-of-sale; customized to fit any need. It works extensively with banks, associations, and software partners who depend on it to strengthen their reputations and relationships with their customers by providing remarkable service paired with ultimate flexibility and pricing. For merchants and business owners, it is dedicated to working one-on-one with YOU to design the perfect solution for YOUR BUSINESS

Chosen Payments

Chosen Payments believes in making a difference in the payment processing industry by taking a partnership approach. It specializes in custom business solutions for merchants to help businesses cut operational costs and increase revenue. Chosen Payments is not only a partner, but a business consultant for merchants nationwide who accept electronic payments. Its services focus on credit card processing, check processing, gift/loyalty, ATM, merchant cash advance and mobile applications. Headquartered in Moorpark, CA, it is focused on organic growth through relationship building with not only its clients but its staff

CoreCard

CoreCard Software, a provider of card management systems and processing services, offers an array of account management solutions to support the complex requirements of the evolving global financial services industry. CoreCard software solutions provide the market's most feature-rich and flexible platform for processing and managing a full range of card products including prepaid/stored-value, instant financing, small loans, point of sale loans, fleet, credit, debit, commercial, government, healthcare and private-label cards as well as accounts receivable and loans. CoreCard is headquartered in Gwinnett Innovation Park in Norcross, GA and is a subsidiary of Intelligent Systems Corporation

First Data [NYSE:FDC]

First Data is one of the global leaders when it comes to commerce -enabling technology. It simplifies the connections that make commerce possible. Every day, merchants, financial institutions and governments around the world rely on First Data to deliver the simple yet sophisticated solutions that help the customers thrive in the changing world of commerce and make the most of every transaction. First Data has experienced set of technicians who know commerce top to bottom and have been at the forefront of many innovative solutions for merchants, financial institutions, and software developers

Global Payments [NYSE:GPN]

Global Payments is one of the leading worldwide provider of payment technology and software solutions delivering innovative services to customers globally. Their technologies, services and employee expertise enable them to provide a broad range of solutions that allow customers to accept various payment types and operate their businesses more efficiently across a variety of distribution channels in many markets around the world. It develops software, and partner with providers to deliver highly competitive e-commerce and omnichannel solutions in a global economy, this strategy has created a differentiated model in the payments technology landscape

Moneris Solutions

As the payments industry evolves, Moneris is using their innovative mindset to support people and organizations, from start-ups to multin- ationals, to challenge their status quo. In sharing knowledge and dem- onstrating their willingness to transform, they help businesses to do the same by embracing their own kind of innovation. Moneris unders- tands business objectives for payment processing – efficiency, effectiveness, and the delivery of exceptional service to customers. As partners, they ensure businesses to stay at the forefront of transaction processing. Moneris is committed to investing in the people and innovating technologies that provide superior payment processing to customers

Payscout

Payscout is a global payment processing provider covering six continents by connecting merchants and consumers via credit, debit, ATM, and alternative payment networks. What differentiates Payscout is its mission “to support the entrepreneurial dream one transaction at a time.” They have achieved this by being a thought leader in the payments industry. Payscout offers payment processing solutions for brick-and-mortar and ecommerce transactions, and merchant banking services, specializing in online/ecommerce retailers with a predominant proportion of card-not- present (CNP) transactions; they deliver a true global payment solution that encompasses all merchant risk verticals