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The Payment Systems Regulator (PSR) has recently published an interim report suggesting that card schemes do not face effective competition in the supply of scheme and processing services to acquirers.
Visa, MasterCard, card scheme, credit card, debit card, prepaid card, payments , interchange fee, scheme fee, regulatory sandbox, regulation, payment processor, merchant, Acquirer, report
Global payment processor and card issuer, Visa, has reportedly been testing a new way to allow users to pay Ethereum fees in fiat currency, using their credit card.
cryptocurrency, crypto asset, crypto, credit card, debit card, card scheme, digital payments, digital wallet, blockchain, Ethereum, scheme fee
Canadian payments solution Lynk has announced it has added Pay by Bank to its platform.
product launch, credit card, payment processing, scheme fee
Amazon has announced that on 19 January 2023, it will be raising fees for online merchants that use its Multi-Channel Fulfillment (MCF) programme.
product upgrade, ecommerce, scheme fee, online shopping
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
UK-based fintech startup Super Payments has announced it raised GBP 22.5 million in one of the largest pre-seed funding rounds in Europe, to provide free online payments to businesses and rewarding shopping cashback to customers.
funding, crowdfunding, startup, fintech, ecommerce, online payments, cashback, scheme fee, payments , payment methods