The processors of the credit cards are responsible for making safe and successful transactions when you are shopping. The credit card system has two types of processors a front and a back-end one.
The Front-end processors forward the transaction from the traders to the customers’ bank to get approval for the transaction.That is how they are ensuring that you have enough money to make the purchase you want. The back-end processor, on the other hand, is responsible for transferring the deposit to the merchants.
We have researched and made the below list of the 15 leading credit card processing companies.
Evalon is also known as NOVA, and it is a subsidiary company of U.S. Bancorp. Elavon processes payments in more than 30 countries for more than one million merchants.