In its annual ranking of the largest merchant acquirers in the U.S., The Nilson Report again ranked First American at No. 18 based on 2019 Mastercard and Visa card processing volume.
The company’s total processing volume, comprising MC/Visa/Discover/American Express and PIN debit transactions, grew to $30 billion in 2019, and was fueled by an intentional focus on cloud-based payment solutions designed to reduce the cost of implementation and enhance functionality for an improved customer experience.
First American has invested heavily in technology, applying the highest standards to data security and assembling payment solutions to help small- and medium-sized businesses drive profitability. This financial investment is matched by the company’s commitment to superior customer service to ensure that processes and solutions grow in lockstep with each partner’s needs.
“This ranking speaks directly to our ongoing commitment to products and partnerships that drive results,” said Neil Randel, Chief Executive Officer. “We celebrate this ranking and acknowledge that it supports our intention to remain the leading merchant service provider for SMBs. We would be remiss, however, if we didn’t recognize our partners and merchants for their role in this accomplishment; thank you for choosing us.”