Tag: Fees

Explore the latest news and insights on fees in payments and banking, examining trends, regulations, and strategies for managing and optimizing costs in financial transactions.

Raising the Rates for Premium Credit Cards: Good Timing or Revenue Solution?

by Brian Riley

July 1, 2021

American Express raised its rates on the legendary Platinum Card. In an article this morning, The American Banker wondered if ...

Mastercard and Visa Announce Plans to Increase Fees on Britain to EU Cross-Border Payments

by Sarah Grotta

May 24, 2021

Citing the need to invest in security capabilities, both Mastercard and Visa have announced that they are going to increase ...

What's the Average Longevity of a Debit Card vs. a Reloadable Prepaid Card?

Is the U.S. Market for Debit Competitive or Not?

by Sarah Grotta

April 13, 2021

While issues between the global debit card networks (aka, signature networks) and the smaller, mostly domestic debit networks (aka PIN ...

Will Financial Institutions Raise Fees in 2021?

by Paul Kesserwani

April 7, 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:

by PaymentsJournal

March 24, 2021

Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to ...

What Steps Do Merchants Need to Take Now to Ensure Compliance with SCA in Time for the Enforcement Deadline?

Merchants Gain Another One Year Reprieve On Interchange Fee Hikes From Mastercard and Visa

by Raymond Pucci

March 16, 2021

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

by PaymentsJournal

March 4, 2021

WASHINGTON, March 3, 2021 – The Merchants Payments Coalition welcomed a letter sent today by Senator Richard J. Durbin, D-Ill., ...

Business between EU-US Goes Boom! EU Top Court Strikes down Current Cooperative Agreement

The Global Card Networks Get Sued Again, This Time by Intuit

by Sarah Grotta

February 24, 2021

The lawsuit du jour against the interchange fees charged merchants by Mastercard and Visa are being challenged in court. Again. ...

By digitizing cash, this new feature enables contactless payments, assisting communities affected by COVID-19

MoCaFi Partners with InComm Payments to Launch No-Fee Cash Deposits at Major Retailers

by PaymentsJournal

November 12, 2020

InComm Payments, a leading payments technology company, and Mobility Capital Finance (MoCaFi), a mobile-first banking platform committed to bringing financially underserved ...