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The Truth About Third-Party Payment Processing

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Tom DeSimone
Based in New York’s Hudson Valley, Tom has written for Merchant Maverick since 2013 and currently serves as the website’s managing editor for payment processing content. His work is cited by publications including TechCrunch, Washington Business Journal, and Bank Advisor. Press seeking expert comments for stories related to credit card processing can reach him via LinkedIn for a prompt reply.
Tom DeSimone
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    This is a very useful distinction. I see the examples of aggregators are PayPal Here and Square, which leads me to believe you’re talking just about the dongles. How would Stripe or Braintree fit in? Are they also aggregators who have a merchant account themselves on the back end (e.g., Chase doing the processing for Square)?

      This comment refers to an earlier version of this post and may be outdated.

      Dr Vincent McIntyre

      This is great information. I was about to sign a contract for mobile processing service with Bank of America for my business. Your knowledge and posted reviews has given us the ability to identify certain hidden clauses and omissions by the sales rep concerning the contract.

      Needless to say, your honest reports has helped us avoid a potental disaster!!

      Thanks so much
      Dr McIntyre

        This comment refers to an earlier version of this post and may be outdated.

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