Fighting Fire with Fire: Bankers Want No Changes to Durbin Amendment
Interchange rates are the fees that merchants pay to card issuers for the acceptance of credit and debit cards. These ...
Tag: merchant fees
Visa Lowers Interchange Fees
In an effort to support small businesses recovering from the impact of the COVID-19 pandemic, Visa announced that it will ...
Merchant Payment Coalition Blames Inflation on Merchant Fees
The Merchant Payments Coalition (MPC) is the latest industry trade group of many to take up the fight against card ...
BRC Champions Elimination of Interchange Fees for UK Merchants
The British Retail Consortium (BRC) is championing the elimination of card scheme interchange fees for merchants in the UK that ...
Potential Pitfalls for Merchants Offering BNPL:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to ...
Why Would a Merchant Ever Surcharge for a Card Payment?
Surcharging for card payments has been in the news again as Colorado repealed its state’s ban on surcharging. In Colorado, merchants ...
Venmo Users Moves Beyond Person-to-Person Transfers
PayPal’s Venmo recently conducted a survey of over 2,000 of its users and found that many of its app devotees ...
How Merchants Can Build Loyalty and Save on Payment Fees
Private label debit is all about creating branding, loyalty and an excellent customer experience. And, yes, it can also save ...
Retailers are Getting Restless, Demanding Cheaper Processing Costs
Two articles caught my attention this week reporting that retailers are reaching out to regulators and banks asking them to ...
COVID-19 May Delay Potential Merchant Interchange Fee Hike
It’s probably a matter of when, not if. That would be the reported plans of Mastercard and Visa to raise ...
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