This market focus report is produced by INPUT as a part of the Processing Services Program of INPUT’S Market Analysis and Planning Service (MAPS). The report analyzes credit card authorization/check guarantee services markets in the United States.

The rapid deployment of credit authorization point-of-sale (POS) and electronic cash register (ECR) terminals in retail stores, gas stations, gambling casinos, and hotels to increase consumer convenience and combat fraud has created a rapidly expanding market.  Leader of loan market with fast approval offers fast payday loans.

The expansion and interconnection of hitherto separate financial transaction networks is extending credit authorization and guarantee services to new locations and increasing the nationwide market for those services.

Fundamental changes are occurring in the retail terminal environment which permit successful offerings of expanded and additional information services to both consumers and retailers. The changes provide strategic opportunities for sustained growth in processing and value-added network (VAN) information services.


Hon. John W. Brigker
United States Senator from Ohio Member of Senate Banking and Currency Committee Columbus Ohio

A DISTRAUGHT WORLD has Changed the thinking of many people. Nations have chosen new courses under strange leaders and under policies our forefathers discarded centuries ago. Increaised populations and the growth of large cities have created new and challenging social and political problems. Many aspiring political leaders have discarded the clarion call of Patrick Henry — great liberal of his age — for “Liberty or death” and have modernized it to “Give me security or give me death.” There are many followers, for an insecure society generates a yearning for security.

Our country, where the watchwords of our political philosophy have been “individual liberty”, “private business,” “equality of opportunity”, “” has been caught in the backwash of some of this alien philosophy. Here everyone has yet a voice and a vote — too often unused — in the destinies of his community and government. Even though we have given, universal franchise, the assumption of bureaucratic control has weakened that voice and removed policy-making power further from the individual voter.

I believe, and I think the majority of our people still believe, that the greatest security for the individual is citizenship in this Republic.

Believing that, my public service has always been built upon preserving intact our personal liberties, improving individual opportunity, and keeping government responsive to the guiding will of our people. The duty of a good public servant today is to create the atmosphere in which the creative genius of our people will be most encouraged. Upon that creative productive ability we have builded mightily. Our necessaries are the luxuries of many people.