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Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... more
The post Card networks prepare to raise Scheme and Interchange fees appeared first on Payments Cards & Mobile.
In a blow to those who believe a cashless society is near, the UK Treasury Committee has held an evidence session with the Payment Systems Regulator (PSR), in which Rt Hon. Nicky... more
The post UK Government moves to protect cash with ATM protection review appeared first on Payments Cards & Mobile.
Visa announced an increased bid for Earthport to £247 million as it fights with Mastercard to claim the companies assets. Last month, Mastercard offered around £233 million for the assets... more
The post Visa increase bid for Earthport to £247 million fending off Mastercard appeared first on Payments Cards & Mobile.
Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... more
PPRO has joined Banking Circle, the financial utility. PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has also joined Banking Circle to streamline payment reconciliation. The latest... more