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Debunking Payment Processor Selection Myths

Three themes surface again and again among financial institutions regarding payment processor selections. These themes are entirely mythical, and we’d like to take this opportunity to bust these system selection myths. Myth 1: “There is no strategic advantage in one processor over another.” This just isn’t true--the advantage is unique and specific to each financial institution based on its business needs. For example, if an FI's core processor is also a card processor, the institution...

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