Top Retail Payment Solution Companies - retail-payment Companies


Orchid Llc: Delivering Firearm-Friendly Merchant Processing Solutions

Top 10 Retail Payment Solution Companies - 2021

Contactless payments are no longer in the adoption process. The COVID-19 pandemic has accelerated the implementation of contactless payments at retail stores to ensure maximum public safety. In fact, the retail world has also been recently introduced to contactless checkouts, where customers walk into a store, select their products, and checkout without interacting with a cashier. This futuristic experience offers customers a no-touch shopping experience and outshines technologies like mobile wallets and tap-to-pay enabled chip cards. Contactless payment’s pandemic-induced popularity has coincided with the more recent emergence of contactless checkout experiences. Clearly, the pandemic has put digital payments in pole position, inviting innovations at a rapid pace. 

While COVID-19’s impact on payment behaviors is still unfurling, a silent storm had been brewing in the payments sector long before the crisis broke out. Digitally empowered customers, digital-savvy regulators, buoyant digital platforms, and digitally transforming banks have emerged as the key catalysts to the adoption of digital payments. While there has been a considerable uptick in the usage of digital payments over the past two years, significant hurdles remain. Additional factors such as consumer behaviors, complex payment ecosystems, and financial regulations make this market a very diverse one.

As more and more retailers get on board with the digital/ contactless payment trend, the number of retail payment solution providers in the market has also increased. To simplify and assist CIOs in identifying the most promising retail payment solution providers, Retail Tech Insights presents “Top 10 Retail Payment Solution Providers - 2021.”

A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the Retail Tech Insights editorial board has selected the most promising retail payment solution providers. In our selection process, we looked at the company’s offerings, core competency, news/press releases, client testimonials, milestones, and other recognition.

    Top Retail Payment Solution Companies

  • A leading provider of payment processing and merchant services, Electronic Merchant Systems empowers business owners to improve their financial well-being

  • An industry leading software provider for eCommerce, Point of Sale and Merchant Service solutions, Gearfire Payments helps businesses achieve their goals by making it easier to sell online, collect payments and manage their in-store operations

  • Orchid LLC exclusively offers simplified and affordable merchant processing solutions that can mitigate risks faced by firearm merchants. The company provides services including point-of-sale, and ERP integration software to improve the way retailers, ranges, and manufacturers sell firearms and accessories. The company offers Orchid PayTM—a simplified, affordable merchant payment processing solution—which makes it a great alternative to non-firearm-friendly banks and processors, including PayPal and Square. Orchid Pay offers firearm merchants a special advantage of “price lock guarantee" that allows the company to deliver solutions at the same price initially discussed with the customers

  • Adyen


    Adyen (AMS: ADYEN) is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers'​ globally preferred payment methods

  • BitPay


    The first and most experienced company in bitcoin payments, BitPay builds powerful tools for spending, accepting, and building with bitcoin

  • Cliq


    Cliq is a unique payment solution provider that offers a myriad of payment solutions to all kinds of businesses across various industry segments

  • Fiserv, Inc.

    Fiserv, Inc.

    Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization

  • Payline Data Services, LLC.

    Payline Data Services, LLC.

    Payline is dedicated to providng the lowest pricing while providing software like Invoicing, Recurring Billing, ACH payments, and a Payments Page

  • Square


    Offers a complete suite of business tools and equitable loans that give every eligible business with a dream access to funding

  • TSYS


    TSYS is a leading global provider of seamless, secure and innovative solutions to payment card issuers — financial institutions and retail companies — in approximately 80 countries worldwide

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