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Interchange Fee, interchange fees, MasterCard, Visa -

A week ago Payments Cards & Mobile reported on press reports that Visa and Mastercard were planning to raise network and interchange fees merchants pay when accepting credit cards. Now,... read more

The post Visa and Mastercard deny reports they will raise interchange fees appeared first on Payments Cards & Mobile.

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Cryptocurrency, Issuing & Acquiring, Merchant Acquirers, stablecoin, stablecoin settlement, USDC, Visa -

Visa is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain and is working with merchant acquirers Worldpay and Nuvei, modernising cross-border money movement. Through live pilots with issuers... read more

The post Visa expand Merchant Acquirers stablecoin settlement capabilities appeared first on Payments Cards & Mobile.

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Acquiring, interchange fees, MasterCard, Network fees, Visa -

Visa and Mastercard are planning to raise network and interchange fees merchants pay when accepting credit cards, the increases are set to begin in October 2023 and April 2024. Many... read more

The post Visa and Mastercard plan to increase US interchange fees appeared first on Payments Cards & Mobile.

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core banking platform, Issuing & Acquiring, Pismo, Visa -

Visa has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Europe, for $1 billion in... read more

The post Visa acquire core banking platform Pismo appeared first on Payments Cards & Mobile.

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American Express, card schemes, Contactless, Daily news, domestic schemes, E-Commerce, international card schemes, Issuing & Acquiring, MasterCard, UnionPay, Visa -

Despite government backing of domestic schemes in some markets, cards are increasingly being co-branded with international card schemes due to customer desire for maximum acceptance, rewards and other benefits. This... read more

The post Increase in co-branding driving growth in international card schemes appeared first on Payments Cards & Mobile.

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