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Find here all the latest articles, news, and research on Interchange Fee and other Interchange Fee-related topics:

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 may increase credit card fees

News | Payments General | 31 Aug 2023

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

Payment habits and ecommerce obstacles retailers must keep an eye on 2023

Interviews | Online Payments | 13 Apr 2023

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

Telus to introduce intercharge fee for customers outside Quebec

News | Cards | 21 Sep 2022

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

Topi gets USD 45 mln to fund hardware purchases for B2Bs

News | Online Payments | 31 Aug 2022

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

Plaid launches Variable Recurring Payments

News | Online Payments | 26 Jul 2022

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

Planet and accesso Technology Group partner for simple on-site payments for leisure venues

News | Mobile Payments | 13 Jul 2022

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

Spirit Airlines and Uplift announce extended partnership for BNPL services

News | Online Payments | 02 Jun 2022

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

Canadian merchants to pass interchange fees to consumers directly

News | Payments General | 31 May 2022

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

A light at the end of the tunnel… or not? Changes to Australian merchant fees in 2022

Voice of the Industry | Ecommerce | 10 May 2022

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

Volt launches Transformer for Open Banking payments

News | Online & Mobile Banking | 06 May 2022

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

Passenger partners with Littlepay for contactless passenger experience

News | Mobile Payments | 23 Feb 2022

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

Revolution Payments announces level III processing

News | Mobile Payments | 18 Jan 2022

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

Gratis Gives helps local businesses through credit card payment processing fees

News | Cards | 18 Jan 2022

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

Amazon drops Visa in the UK. Conclusions and forecasts for the future of credit card payments from top industry experts

Voice of the Industry | Ecommerce | 26 Nov 2021

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

The status of interchange fees in the US – interview with Austen Jensen, the Retail Industry Leaders Association

Interviews | Ecommerce | 07 Jul 2021

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 fighting to keep UK class action at a minimum loss

News | Cards | 29 Mar 2021

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 raises interchange fees for UK-based cardholders

News | Online Payments | 23 Mar 2021

Visa has been reported to follow Mastercard’s earlier decision as it plans to increase interchange fees on purchases made by British customers from most of Europe.

Visa, interchange fee, Brexit, online payments

Visa faces US Justice Department probing over debit practices

News | Cards | 22 Mar 2021

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 to delay interchange fees hike in the US

News | Online Payments | 17 Mar 2021

Visa and Mastercard have announced that they are postponing plans to boost the fees US merchants pay when consumers use credit cards online until April 2022 because of the pandemic.

Visa, Mastercard, interchange fee, online payments

Creating a level playing field in the cross-border transactions space

Voice of the Industry | Payments General | 16 Mar 2021

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