iPayment is one of the largest and most stable providers of credit and debit card-based payment processing services in the United States. Currently, iPayment provides risk management, fraud detection, merchant support and chargeback services in connection with disputes with cardholders to approximately 145,000 merchants throughout the country. Nilson report, a publication specializing in consumer payment systems worldwide, listed iPayment as one of the top bank card acquirers in the country. Since 2002 IPayment Protected, an independent sales organization of iPayment, has worked diligently with small to medium sized businesses, banks, associations and merchants that have traditionally been underserved by the processing industry.