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  1. Apr 8, 2024 · While U.S. Bank Merchant Services did not land on our list of merchant service providers, it earned an overall score of 3.93 out of 5, with high marks for its affordable startup plans, supported payment types, and same-day funding tools. It would have scored higher if more features were available in the free plan.

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  2. The “merchant acquiring bank” acts as an intermediary between the business and the credit card company, facilitating payment authentication and other technical aspects, so you can accept credit cards and other electronic payments. Once the electronic payments are processed and approved, the bank distributes the funds into your merchant account.

  3. Feb 27, 2020 · BB&T Merchant Services (873) ranks second and PayPal (871) ranks third. Seven of the top 10 ranked providers are banks and three are payment specialists. U.S. Bank Payment Solutions provides...

  4. Mar 29, 2022 · Carmel, Ind.-based Merchants Bancorp took first place in the 2021 ranking. The $11.28 billion-asset institution was also among the top three in S&P Global Market Intelligence's 2019 and 2020 community bank rankings.

  5. Feb 3, 2022 · Bank of America ranks highest in merchant services satisfaction with a score of 894. Chase Merchant Services (879) ranks second and Square (878) ranks third.

  6. Feb 1, 2024 · Shopify ranks highest in merchant services satisfaction, with a score of 728. Paysafe (725) ranks second and Bank of America (713) ranks third. The U.S. Merchant Services...

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  8. Explore pricing and plan options for U.S. Banks merchant services using our comparison table to choose the best package for your business needs.

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