Interchange Fee RSS

Acquiring, American Express, Daily news, Discover Financial Service, E-Commerce, Interchange Fee, Issuing & Acquiring, MasterCard, Mobile payments, Payments News, Processing & Systems, Visa -

Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has seen a sell off. Strong consumer... read more

The post Visa, Mastercard and AmEx go big on earnings – Discover down appeared first on Payments Cards & Mobile.

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Acquiring, Daily news, E-Commerce, Interchange Fee, interchange fees, Issuing & Acquiring, M-Commerce, Multilateral Interchange Fees, Multilateral Interchange Fees (MIFs), Payments News, POS Terminals, Regulation -

A significant class action lawsuit has been served against Visa and Mastercard at the UK’s specialist competition tribunal on behalf of a large number of claimants seeking damages for allegedly... read more

The post Class action lawsuit served against Visa and Mastercard to contest interchange fees appeared first on Payments Cards & Mobile.

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Acquiring, Apple Pay, Contactless, Daily news, Interchange Fee, Issuing & Acquiring, LCR, Least Cost Routing, M-Commerce, Mobile payments, Mobile Wallet, POS Terminals, RBA, Regulation, Reserve Bank of Australia -

The Reserve Bank of Australia (RBA) has announced a marked change in its position on Least Cost Routing (LCR) – how banks and credit card companies prioritise payments in the... read more

The post Reserve Bank of Australia shifts position on Least Cost Routing appeared first on Payments Cards & Mobile.

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Acquiring, Daily news, Interchange Fee, Issuing & Acquiring, Merchants Payments Coalition, POS Terminals, Processing & Systems, Regulation, The Credit Card Competition Act -

Last week, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives merchants a choice in the routing... read more

The post The Credit Card Competition Act – Breaking Visa and Mastercard dominance in US appeared first on Payments Cards & Mobile.

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Acquiring, Contactless, Daily news, E-Commerce, Interchange Fee, Issuing & Acquiring, payments card, payments card spending, Payments Card Yearbooks, payments cards growth, payments cards statistics, POS Terminals -

Debit cards drive payments card growth as contactless usage continues to rise and consumer spending recovers after the height of the pandemic. Card usage will keep growing as new spending... read more

The post Global payments card spending reaches $42 trillion appeared first on Payments Cards & Mobile.

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