Find here all the latest articles, news, and research on Interchange Fee and other Interchange Fee-related topics:
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US-based payment technology corporation Mastercard has planned to increase fees for credit and debit card transactions by nearly USD 250 million.
digital payments, interchange fee, credit card, debit card, merchant, ecommerce
Largest automated payments clearing house in Africa, BankservAfrica, has been appointed by Union Pay International (UPI) as the domestic processor to fast-track affordable and accessible card payments in South Africa.
partnership, digital payments, credit card, debit card, ATM, POS, compliance, regulation, payment processor, payment processing, digitalisation, financial inclusion, interchange fee, payments infrastructure
Visa and Mastercard have been rumored to increase the fees that many merchants pay when they accept customers’ credit cards.
credit card, merchant, interchange fee, payments , retail
Ahead of the Retail Technology Show, we interviewed Moshe Winegarten, CRO at Ecommpay, about the problems and opportunities for retailers in the ecommerce sector, and the trending payment habits retailers must be aware of.
payments orchestration, ecommerce, ecommerce platform, merchant, online payments, BNPL, API, checkout optimisation , Open Banking, Open Banking payments, local payment method, SMEs, interchange fee, Interchange Fee Regulation, acquisition, banking license, MPI licence, EMI licence, Brexit
Canadian telecoms company Telus has announced it will charge a 1.5% interchange fee on the credit card bills of customers outside Quebec.
credit card, payment processing, interchange fee, scheme fee
Germany-based startup Topi has raised USD 45 million in equity and debt financing to provide hardware-as-a-service for B2B merchants who can choose to pay in installments for necessary equipment.
B2B payments, instalment payments, BNPL, interchange fee, merchant, merchants, SMEs, startup, funding, online payments, cash flow
UK-based Open Banking network and payments platform for digital finances, Plaid, has launched a new form of Open Banking payments, Variable Recurring Payments (VRP).
super app, Variable Recurring Payments, product launch, online payments, instant settlement, interchange fee, card on file, SEPA Direct Debit
Global tech and software provider Planet and publicly listed tech company accesso Technology Group have entered a strategic partnership to connect payments, technology, and software for leisure venues and attractions.
partnership, FX , mobile payments, mobile money, e-wallet, digital wallet, interchange fee, embedded payments, ecommerce
US-based BNPL platform that serves world’s top travel brands, Uplift, has announced an extended partnership with ultra-low-cost carrier Spirit Airlines to offer limited-time interest-free installment payments for qualified customers.
partnership, travel payments, BNPL, instalment payments, online platform, online payments, interchange fee
Businesses in Canada may be eligible to claim credit card processing fee rebates after class action settlement with Visa and Mastercard.
Visa, MasterCard, interchange fee, merchants, settlement
Athena Zhang, Payments Analyst and Insights Specialist at CMSPI, elaborates on the changes to Australian merchant fees following the RBA’s new interchange regulation
CMSPI, interchange fee, merchants, scheme fee, Acquirer, least cost routing
A2A payments gateway Volt has launched Transformer to help merchants save on excessive debit card interchange fees by encouraging shoppers to switch to Open Banking payments at checkout.
Volt, account-to-account payment, Open Banking payments, interchange fee, Open Banking