How Top U.S. Acquirers Ranking Changed Following Acquisitions

2026-03-25 17:34:04

Global Payments Inc. has overtaken JPMorgan Chase & Co. as the top U.S. merchant acquirer, largely due to its acquisition of Worldpay. The 2026 TSG Directory of U.S. Merchant Acquirers shows Global Payments with an estimated $2.8 trillion in 2025 processing volume. The top 10 acquirers processed nearly $11 trillion in transactions in 2025, driven by diversification into channels like integrated software vendors, a segment that benefits providers like Stripe and Toast.

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