Infographic: Who Is Who in Card Payments?

Card payments who is who

Acquirers, issuers, merchants, card schemes. The card payments universe can be complicated for the uninitiated. If you’re a business owner, knowing all the actors that come into play each time you accept a customer’s payment card can help you make the most informed decisions for your business. So, who are the players, what do they do, and how does each affect a merchant like you?

Payments Basics: What is a Merchant and Why Do I Need a Merchant Account?

merchant what is

The supermarket chain near your house with the best chocolate selection. The taxi company which takes you home safely after a night out. The online store which sells your favourite brand of sports equipment. Your business – whether it is online or a brick and mortar store or restaurant. What do they all have in common? They’re merchants.