Merchants’ disdain for interchange is well documented, but one aspect of card-acceptance costs that gets drowned out by the outcry over interchange is that rising processing fees are hitting merchants ...
Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.
I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...
The Federal Reserve Wednesday revised its Regulation II rule governing debit card interchange fees to lower the maximum amount banks could charge vendors for debit transactions. The Federal Reserve ...
Visa's strong financial performance is overshadowed by potential disruptions to its revenue model due to global regulatory changes, particularly around interchange fees. Regulatory adjustments in the ...
Retailers that accept credit cards pay an interchange fee for processing each transaction. The fee depends on the volume of business the retailer does and ranges from 1.2 to 3.5 percent of the ...
Investing.com -- A proposed third settlement in the two-decade legal battle over Visa and MasterCard interchange fees is creating fresh uncertainty for airline loyalty economics, according to Barclays ...
A bill that would limit Visa and Mastercard's control over swipe fees has been formally introduced in the Senate. Sens. Dick Durbin, D-Illinois, and Sen. Roger Marshall, R-Kansas, on Thursday ...
As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...
The Payment Systems Regulator (PSR) has recommended a cap on cross-border interchange fees after its market review into the fees. This is not the only interchange fees story to hit the headlines this ...
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