Recent updates show Mastercard continuing to earn fees on every network transaction, investing in tokenization and open ...
I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...
What are Interchange fees? When a customer buys a new $25 t-shirt using their credit card, the bank that issued the card ...
Robert Day is the MP at weAudit.com and the author of The Great American Heist: How Credit Card Processors Steal Businesses' Profits. Some credit card processors employ a deceptive tactic known as ...
If a rushed provision contained within the Illinois General Assembly’s revenue bill actually comes to implementation, Illinoisans might find themselves paying at the pump with their credit card and ...
Visa's strong financial performance is overshadowed by potential disruptions to its revenue model due to global regulatory changes, particularly around interchange fees. Regulatory adjustments in the ...
As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The Payment Systems Regulator (PSR) has recommended a cap on cross-border interchange fees after its market review into the fees. This is not the only interchange fees story to hit the headlines this ...