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A misleading diagram is becoming more popular on payment provider websites. It’s a “direct credit card processing” or “wholesale credit card processing” diagram, which shows two different options for securing a credit card processing solution.
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The National Federation of Independent Businesses (NFIB) is an advocacy group for American independent businesses. It has a buying group component, but initiatives to promote and encourage business is definitely at its core, even evidenced in its tagline, “Protecting the Future of Small Business.”
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Group Purchasing Solutions (GPS) is a buying group based in San Jose, CA. It was founded in 2008. Unlike other purchasing groups which are dedicated to particular industries or niches, GPS accepts all types of members. There are no industry or location requirements to join.
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Cybersecurity firm Trustwave provides businesses with tools for data protection and risk reduction in the fight against digital crime.
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Innovatix is a purchasing group for healthcare service providers, K-12 schools, and businesses. It was founded in 1993 as a purchasing group for the Greater New York Hospital Association and changed its name to Innovatix in 1998.
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PerkHub (formerly known as Rewardli, but with a website that still uses both names) is a network of white-label perks and buying solutions. The company has an online portal into which buyers log in and make purchases.
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Formerly called Charify, Maxio offers subscription billing services, allowing you to easily automate recurring payments if you can’t do so through your existing credit card processor.
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The first and most important thing many people fail to do when selecting a payment gateway is they don’t spend much time, if any, researching and evaluating gateways.
