Find here all the latest articles, news, and research on Interchange Fee and other Interchange Fee-related topics:
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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
Transit-focus infrastructure provider Littlepay has partnered with UK public transport app Passenger to deliver proactive customer engagement.
online platform, online payments, contactless payments, partnership, interchange fee
US-based credit card processor Revolution Payments has revealed a level III credit card processing platform that works across all payment channels.
payment processing, credit card, payment gateway, merchant, interchange fee, data
US-based Nevada company Gratis Gives has announced a new idea to support local businesses during the third year of the COVID-19 pandemic.
pandemic, COVID-19, merchant, credit card, interchange fee
The Paypers gathered top voices in the payments industry to tackle the significance of the Amazon/Visa story for the future of ecommerce payments (from BNPL and A2A payments as contenders for future monopolies, to what this all means for regulating transaction fees for merchants in the UK)
Visa, Amazon, ecommerce, credit card, interchange fee, CMSPI, Interchange Fee Regulation
In this exclusive interview for The Paypers, Austen Jensen, Senior VP, RILA, elaborates on the US interchange fees space and key regulatory initiatives, providing insights into how merchants can get ready for the new schedule expected to go into effect in 2022
interchange fee, regulation, merchants, credit card, COVID-19, debit card
Mastercard is battling attempts to add about 14 million deceased people to a GBP 14 class action in an effort to limit the scope of an historic case.
Mastercard, card scheme, interchange fee
Visa, interchange fee, Brexit, online payments
The Justice Department has been probing whether Visa uses anticompetitive practices in the debit-card market, according to Reuters.
Visa, debit card, interchange fee, merchants
Visa, Mastercard, interchange fee, online payments
Gino Ravaioli, Chairman of the DCC Forum, examines why now is the time to open up the industry to greater competition
DCC Forum, cross-border payments, Brexit, interchange fee, merchants, regulation, European Commission