BA Merchant Services is a wholly owned subsidiary of Bank of America specializing in the handling of credit, debit, store value and electronic benefits transactions (EBT) card transactions. BAMS was formed in 2004, and is currently processing nearly $350 billion in annual credit card volume. The company processes more than one out of every five Visa and MasterCard transactions in the country. BAMS provides solutions to meet small business needs across many industries including restaurants, retail, ecommerce, service, professional, lodging, trade services, and mail order.