Extinction of choosing your own credit card processor

What happened to being able to choose your own credit card procesor ?

Now that 70% of companies are owned and/or controlled by credit card processing companies, the ability to make a "real" choice is becoming extinct. It used to be that the only difference was that certain processors would assist with the cost of the POS credit card gateway software that is needed to connect to the processor. Now, a merchant/business owner has to weigh the additional costs that they will incur by choosing not to go with the processing company that owns the POS software that they are using.

Or in recent cases , a large Card Processing company buys some of the larger resellers of POS software in large markets,...


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