India Moves to Make UPI More Self-Reliant with Merchant Fee
Few payment systems have grown as quickly—or become as central to everyday commerce—as India’s United Payment Interface (UPI). The real-time ...
Tag: Merchant Fees
Explore how merchant fees impact businesses in the payments and banking sectors, covering transaction processing costs, compliance, and strategies to minimize expenses while maintaining payment efficiency.
India Considers UPI Merchant Fees Akin to the Card Payments Model
The United Payment Interface (UPI) has been the archetype for real-time payments systems, but it could soon take a page ...
Biden Administration Targeting Junk Fees With Gusto
The Biden administration is taking on a stealthy adversary that has long lurked in the shadows of everyday transactions: junk ...
Processing Fees, Tacked Onto Bills, Are Becoming a Public Nuisance
You may have noticed (with dismay) new credit card processing fees and convenience fees on bills at restaurants and other ...
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 ...
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Surcharging for card payments has been in the news again as Colorado repealed its state’s ban on surcharging.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 ...
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