Merchant Services Inc (MSI) located in New Providence, New Jersey was incorporated in South Dakota in 1989. to provide complete merchant services, including merchant accounts, credit card processing equipment and ISO partnership opportunities. Originally composed of three independent divisions, the New Jersey and New York divisions acquired the third division of South Dakota. Currently the two sister divisions operate independently and are acting as buying groups. Through the years, MSI has grown into a nationwide leader with direct relationships with Visa, MasterCard, Diners, Discover and American Express, and Diners Club.
MSI took a major step by establishing our own bin with FNBO (First National Bank of Omaha). MSI has formed a complete one-stop shopping for credit card processing. In addition, MSI has started value added programs such as Check Guarantees, Gift & Loyalty Cards and our own private Internet Gateway.
01/09/2012 MSI Ranked in the Top 100 Worldwide
January 9, 2012-MSI Merchant Services, Inc. of New Providence, NJ, ranked 17th nationally, announces it is ranked among the Top 100 Largest Card Processors Worldwide in the Nilson Report of 2011. MSI is particularly proud of its global position, since it only processes nationally; yet, the field from which it is ranked includes companies processing globally and large banking institutions with a worldwide expanseRead More
10/17/2011 MSI Responds to the Challenging Market
October 17, 2011- New Providence NJ- MSI Merchant Services, Inc. (MSI), a national card processor, offers next-day funding to merchants without any additional fees. Merchants can now expect funding for MasterCard, Visa, and Discover transactions by the next business day, rather than within 48-72 hours, as is customary for other processors. All MSI Merchants may qualify. MSI long-term Merchants will attain next-day funding, immediately upon request.Read More
04/13/2011 Merchant Accounts and Sales Offices Increase in 2010
April 4, 2011-New Providence, NJ- MSI Merchant Services, Inc. (MSI) a national merchant acquirer is proud to announce it processes approximately 110,000 merchant accounts, essentially a 10% increase from 2009. As reported in the March 2011 Nilson Report, MSI maintains a 29th position as a national acquirer. International banking institutions are among the other top 30 ranked acquirers, thereby distinguishing MSI's position.Read More
05/02/2010 MSI Ranked 29 Nationally Among the Top US Acquirers
New Providence, NJ - May 3, 2010- MSI Merchant Services, Inc., a premier national merchant acquirer, proudly announces its new Nilson Report Ranking of 29 among Top US Acquirers for the year 2009. MSI elevated its 2008 presence of 31 to 29 in the 2009 listing of the top 97 national acquirers. The ranking was based upon the volume of general purpose transactions, generated by PIN-and signature-based debit cards and by the credit cards of Visa, MasterCard, American express, Discover, Diners, and JCB. 2009 also witnessed MSI clearly out perform two of its fiercest competitors in the payment card industry.Read More
04/13/2010 MSI to distribute, process mobile payment technology
Merchant Services Inc. has partnered with VeriFone to distribute and process the company’s Payware mobile credit card encryption sleeve.Read More