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Issue 1304

Award-winning business intelligence, payment card statistics, industry news, and dozens of executive contacts in every issue. Subscribers receive 22 issues a year.
Newsletter
March 2026
Featured Article

Mastercard Buys BVNK for Stablecoin Infrastructure

The BVNK deal, which is valued at up to $1.80 billion, is the largest stablecoin acquisition so far, topping the $1.10 billion that Stripe paid for Bridge in the first quarter of 2025.
Featured Chart

Top US Merchant Acquirers—2025

Transactions acquired in 2025 include the global network brands—American Express, Discover, Diners Club, JCB, Mastercard, Visa and UnionPay cards—as well as domestic-only brands led by Interlink, Star, Nyce and Pulse, EBT card transactions and some private label cards.

Featured Companies

Message from the Publisher

The data we include in every issue is proprietary. Your subscription entitles you to use that data in your work. It does not include the right to share usernames or logins, to upload the newsletter to internal or external servers or to use our data to feed internal or external AI providers. That is why we now include a warning about copyright infringement on our table of contents page. We ask every company and every reader that subscribes to follow the law and our policy.

David Robertson, Publisher
March 31, 2026

ARTICLES IN THIS ISSUE

CHARTS IN THIS ISSUE

Top US Merchant Acquirers — 2025

The 6 Largest US Acquirers — 2025 Ranked by Total Purchase Volume (in Bil.)

Top 25 US Acquirer Totals (By Purchase Volume and Purchase Transactions)

Card-Not-Present Acquiring

Top 59 Merchant Acquirers in the US — 2025

Publicly Traded Companies in Payments

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