TabaPay, the leading instant money movement platform, announced today that it’s the 6th largest card-not-present (CNP) acquirer based on total purchase transactions and 5th by dollar volume. TabaPay was also recognized as the 20th largest merchant acquirer in the U.S. based on Visa and Mastercard volume. This Nilson Report ranking is based on data from 2022.
The report also recognized TabaPay as:
- One of 11 merchant acquirers with an increase of over 25% in other credit card purchase volume outside of Mastercard and Visa networks in 2022.
- One of 15 merchant acquirers with an increase of over 17% in Mastercard and Visa volume.
- One of 19 merchant acquirers with an increase of over 13% in PIN-based debit card purchase volume in 2022.
The report includes data from the 63 largest portfolios of payment card acceptance contracts with U.S. merchants in 2022. They acquired transactions from American Express, Discover, Diners Club, JCB, Mastercard, Visa, and UnionPay credit, debit, and prepaid cards, as well as domestic-only debit brands led by Interlink, Star,…