Is the U.S. Market for Debit Competitive or Not?
While issues between the global debit card networks (aka, signature networks) and the smaller, mostly domestic debit networks (aka PIN ...
Tag: Fees
Will Financial Institutions Raise Fees in 2021?
The financial turmoil brought on by the pandemic sees no end, specifically in regards to bank and credit card fees. ...
ATM Fees and Management Costs Drive Government Prepaid Card Costs:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to ...
Merchants Gain Another One Year Reprieve On Interchange Fee Hikes From Mastercard and Visa
Merchants can breathe a little easier. That’s because Visa and Mastercard are postponing interchange fee changes scheduled to take effect ...
Merchants Payments Coalition Welcomes Durbin/Welch Request for Visa and Mastercard to Cancel Fee Increase
WASHINGTON, March 3, 2021 – The Merchants Payments Coalition welcomed a letter sent today by Senator Richard J. Durbin, D-Ill., ...
The Global Card Networks Get Sued Again, This Time by Intuit
The lawsuit du jour against the interchange fees charged merchants by Mastercard and Visa are being challenged in court. Again. ...
MoCaFi Partners with InComm Payments to Launch No-Fee Cash Deposits at Major Retailers
InComm Payments, a leading payments technology company, and Mobility Capital Finance (MoCaFi), a mobile-first banking platform committed to bringing financially underserved ...
A New Credit Card Model in Australia: No More Interest, Just Fees
The bank card model works well across the world, but repayment terms are not the same everywhere. Many markets such ...
Will Overdraft Fees be Outlawed in the Era of COVID-19?
New Jersey Sen. Cory Booker and Ohio Sen. Sherrod Brown of the Senate Banking Committee introduced legislation to prevent financial ...
Confused About Fees in the Payments Industry? BHMI is here to Help.
Fees are the heartbeat of the payments industry. When money moves between different people and across various networks, fees are ...
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