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December
2016: An action-packed year for payments
As the saying goes, you can’t know where you’re going until you know where you’ve been. With that in mind, we’ve prepared an overview of key trends and happenings in the merchant acquiring space during 2016.
M&A activity
Visa Inc.’s notice in early December that it was buying ecommerce payment authentication firm CardinalCommerce was the latest in a string of mergers and acquisitions that are reshaping the competitive playing field. Visa officials said CardinalCommerce, as a subsidiary of Visa, will accelerate the industry’s move to greater reliance on digital commerce. The