Why "à la carte" acquiring is now on the menu for merchant acquiring

03 / 01 / 2022

Merchant acquiring has changed radically in recent years. Today, a solution has emerged better suited to each merchants’ specific needs. It combines the benefits of both local and international acquiring allowing cost reduction, improved financial reconciliation and an overall greater customer experience.

Tablet showing the Position paper on "à la carte" acquiring

Why "à la carte" acquiring is now on the menu for merchant acquiring
Why do merchants no longer need to choose between local and international acquirers?

Merchant card acquiring has been transformed in recent years as the payment market has evolved, segmenting into two types of acquirers – local acquirers (usually banks) and international acquirers. Both have their advantages and disadvantages, and deciding which strategy to follow has been challenging for merchants as they strive for greater control of costs, visibility and management.

Local acquirers have strong domestic footprints and capabilities in their markets and usually offer the most competitive prices. However, their offering outside of their domestic market is relatively weak.

By contrast, international acquirers are sometimes more expensive but have a more substantial coverage of international payment methods such as UPI, JCB, Alipay, WeChat Pay, etc., and have the ability to cover several different countries with the same offer.

Today, a solution has emerged, which, by combining the benefits of local and international acquiring is better suited to merchants' needs

What are the benefits for my business to move from a standard acquiring model to "à la carte" acquiring?

The new concept of "à la carte" acquiring allows merchants to get the best of both worlds through a single solution, allowing cost reduction and better financial reconciliation while providing a more significant customer experience.

Moreover, consolidating acquiring for markets representing less than € 1 billion in annual turnover can generate significant operational and back-office savings.