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Research Outline
Prepared for JD C. | Delivered June 17, 2021
Payment Providers for Conservative Businesses
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Goals
Identify payment provides that provide payment processing and payroll services that specifically market to conservative businesses.
These may include businesses such as agriculture, guns/ammunition, rodeo, etc.
The payment provide or the businesses they serve may be described as "conservative" and/or a "Trump supporter."
Examples include businesses such as
Rodeo Pay
.
For each payment processor identified, provide a description and determine their market size
Additionally, attempt to provide a total market size in value, volume and growth.
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Early Findings
Data Availability
Initial research on this topic indicates that data availability is low.
Early Findings
Overall Payment Processing Market
The research team was unable to find any information on the overall number or market size of merchant services companies targeting conservative or right-wing businesses. The research team also was unable to identify the market size of payment processing companies specifically for the US or North America.
The global payment processing market was valued at
USD $38 billion
in 2020, and was predicted to have "
a CAGR of 14.5% from 2020 to 2027
."
Specific Conservative-Leaning Payment Processing Companies
Cornerstone Payment Systems
provides Christian-based payment processing. Their social media post's show support for conservative politics such as the confirmation of
Brett Kavanaugh.
However, they do not provide payroll services.
The NRA has selected
Clearent
as their preferred payment processor. However, Clearent also does not provide payroll processing.
eMerchantBroker
has been noted as a
top
merchant
s
e
r
v
i
c
e
s
provider for gun businesses.
Summary
There is very limited information on payment processors providing services targeted to right-wing businesses or supporting right-wing causes. Instead, most of the available information focuses on which payment processors have
stopped
providing services to conservative/right-wing businesses and groups.
However, focusing on identifying payment processors that provide services for gun sellers and/or agriculture does yield some results. Most of these payment processors do not provide payroll services, nor is it possible to determine their market share/revenue. Still, we recommend further research to identify additional payment processors in this manner and provide descriptions of each, as well as revenue estimates if available.
Further, we recommend further research to attempt to identify conservative-leaning payroll providers, as this was not found during the initial research.
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