PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Small-Ticket Transaction Advantage Goes to Visa

Mercator Advisory Group by Mercator Advisory Group
November 30, 2012
in Analysts Coverage
0
ISO 20022, SWIFT API Plugins and Process Optimization, Amazon B2B, banking

ISO 20022 Translators, SWIFT gpi Plugins and Process Optimization

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

In the rush to respond to the initial Regulation II interchange fee cap, MasterCard set the pace by flattening their debit-interchange fees for regulated issuers across the merchant board and all the other networks fell in line as a result.

The problem with that strategy was the small-ticket transactions, which had been valued at an ad valorem rate rationale for transactions under $10, suddenly became a lot more expensive. Since then, Visa has gone around the rules to establish more favorable rates with some small- ticket merchant processors in a bid to preserve and protect their market. MasterCard has not yet responded, but has indicated they are watching these transaction types, but no official announcement has been made regarding any pricing concessions.

From Digital Transactions:

Visa, however, has struck agreements with some processors serving small-ticket merchants such as Apriva and USA Technologies Inc. to offer more favorable pricing. USAT Technologies last month announced an extended agreement with Visa. And on Monday, Scottsdale, Ariz.-based Apriva said it could continue a program under which it provides pre-Durbin pricing on Visa debit, prepaid, and credit cards for transactions of $5 or less to its Apriva Vend customers.

Click here to read more from Digital Transactions.

Tags: Compliance and Regulation
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    legacy infrastructure

    How Modernizing IT Can Help Banks Compete With Fintechs

    February 7, 2023
    Buy Now Pay Later BNPL, B2B BNPL

    B2B BNPL Offers a High-Potential New Chapter in Payments

    February 6, 2023
    eCommerce On Social Media, social commerce

    The Rise of Social Commerce and Social Payments

    February 3, 2023
    Electroneum AnyTask; ETN Crypto, sales enablement

    Ethical Financial Selling: The Role of Compliance Technology and Sales Enablement

    February 2, 2023
    direct deposit

    Nacha Launches Campaign to Reach Millennials on the Benefits of Direct Deposit

    February 1, 2023
    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Equinix report - Dojo Delivers Fast, Reliable and Secure Card Payments to Businesses on Platform Equinix