Choosing a payment service provider

A merchant's guide to issuing an RFP in 2025

How do you choose the right payment service provider for your organization? It’s a strategic decision that affects your overall payments performance. A common way to do this is to issue a Request for Proposal (RFP) to identify the right partner for you. Our new guide walks you through this process with key considerations, questions to ask, and valuable insights for each stage.

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Choosing a payment service provider
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Through 12 key considerations, you’ll learn how to issue a successful RFP and find the perfect payments partner for your business.

Get the guide to learn:

  • How to successfully narrow down your search and define your intended outcomes as part of an RFP process
  • The 12 key considerations when issuing an RFP, such as business needs, technology, integration, and performance
  • What questions to ask potential partners to find your right fit, with checklists for each key consideration
  • Who to invite to your RFP process and what structure to follow throughout
  • What to expect and the next steps to take after issuing an RFP
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