Company Information

Get to know Merchants' Choice Payment Solutions

Founded in 1989, Merchants' Choice Payment Solutions (MCPS) grew to be one of the largest privately-held payment processors in the United States. The company specialized in providing comprehensive payment solutions to businesses, including credit and debit card processing, point-of-sale (POS) systems, gift card and loyalty programs, and merchant cash advances. In August 2017, MCPS was acquired by Paysafe Group, a leading global payments provider. Since the acquisition, its services, technology, and operations have been fully integrated into Paysafe's U.S. payment processing division.

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Financial PSP GatewayPRIMARY
Financial Other Service

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Merchants' Choice Payment Solutions

United States

Founded in

1989 (37 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

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FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.