Digital Payments Featured

J.P. Morgan Continues to Lead as European Web Transaction Acquirer for the Seventh Consecutive Year

by Fintech Analyst0
J.P. Morgan Continues to Lead as European Web Transaction Acquirer for the Seventh Consecutive Year

The Nilson Report has named J.P. Morgan Payments as Europe’s largest acquirer of card-not-present transactions for the seventh consecutive year. 

J.P. Morgan Payments has secured the top spot in The Nilson Report’s European ranking of merchant acquirers in Europe by web-based transactions for the seventh year running. J.P. Morgan processed almost 5.5 billion online transactions on behalf of clients in 2021, with a market share of 18.4%.

This announcement follows Nilson’s confirmation that J.P. Morgan Payments has earned the top spot in the U.S. among payment providers in March 2022 for both annual transactions and dollar volume.

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At the time of this announcement, Shahrokh Moinian, EMEA Head of Payments, J.P. Morgan said –

“We’re committed to helping Europe’s e-commerce players continue to redefine what is possible – new customer experiences, new business models, new ways to unlock value. These latest results demonstrate their continued trust in our ability to meet their evolving needs.”
“The European payments landscape is a community bound by diversity: from day-to-day we work across dozens of industries, multiple payments rails, in a region where customer behavior and preferred payment method can be radically different an hour’s travel away.
“The common thread is the need for seamless and secure payment solutions and we’re proud to provide that for so many clients,” said Sara Castelhano, EMEA Head of Commerce and Solutions, Payments, J.P. Morgan.

Now in its 51st year of publication, The Nilson Report is a respected source of payments industry news and market insight. Nilson analyzes and reports on the performance of hundreds of credit, debit and prepaid card issuers, transaction acquirers and technology vendors with a truly independent perspective.

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[To share your insights with us, please write to sghosh@martechseries.com]

Fintech Analyst is a trained researcher with many years of experience in finding news, doing in-depth reviews, and publishing high-traction analyses. The Fintech analysts provide extensive coverage to major Fintech companies and startups in key financial technology sectors such as Blockchain, Digital payments, digital banking, regulation, compliance, data governance from the emerging tech landscape. To connect, please write to Fintech Analyst at sghosh@martechseries.com.

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