Search Results for: interchange
With a Loss Before Britain’s High Court, Visa And Mastercard Face an Interchange Reckoning
Merchants in the United Kingdom won an important battle against interchange fees on Wednesday but it remains uncertain just how much that will mean to them in terms of remuneration from Visa Inc. and Mastercard Inc. The case also could have ramifications for similar action in the U.S. market, some …
Read More »Visa Delays New Interchange Rates to April; Global Payments Sees Optimism; CPI’s EMV Card Boost
Visa Postponing Most Interchange Rate Changes Until April 2021
Citing the business disruptions caused by the Covid-19 pandemic, Visa Inc. announced late Tuesday that it will delay until next April most of the interchange rate changes it had planned for July. The network also publicly confirmed the six-month postponement of its EMV liability shift for fuel pumps, and further …
Read More »The Deep Impact of Planned Interchange Moves; Covid-19’s ACH Effect; Repay Adds Funding Integration
Interchange Rate Changes Delayed; How To Get Stimulus Cash to the Underbanked; Plus Weekly Recap
Card Networks To Postpone Interchange Adjustments
The payment card networks plan to postpone until July changes in their interchange schedules that they had planned to take effect in April, Digital Transactions News has learned. The delays come as many merchants, especially restaurants, hotels, and local retailers have closed or greatly reduced their operations as part of governmental attempts …
Read More »Interchange: Tweaks Or Trouble?
After a long period of stability, bank card interchange rates may be about to change. Visa Inc. reportedly is planning adjustments that could raise merchants’ acceptance costs for card-not-present transactions but lower costs in some other categories, including purchases at big grocery-store chains. Citing a Visa document circulating among the …
Read More »Visa’s Interchange Changes; The Payments Bet on 5G; A Hedge Fund’s Green Dot Stake
Report: Changes in Visa’s Interchange Rate Schedule Coming This Year
Visa Inc. reportedly is planning interchange rate changes that could raise merchants’ acceptance costs for card-not-present transactions but lower costs in some other categories, including purchases at big grocery-store chains. Citing a Visa document circulating among the network’s client banks, the Bloomberg news service reported Tuesday that interchange for a …
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