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Category Archives: greed
Visa Outlines Plan to Recoup Revenue After Durbin
The card brands won’t let a little thing like Federal Legislation stand in the way of profit. A 40% gain wasn’t enough for them. Continue reading
Posted in greed, Interchange Fees, Payment Processors
Tagged Durbin Ammendment, Interchange Fees, Visa
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New Visa credit card processing fees
Visa recently announced several new fees impacting merchant credit card processing costs. Continue reading
Posted in e-Commerce, greed, Interchange Fees, merchant
Tagged fees, greed, processing fees
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Visa Pushes More Fraud Toward E-commerce
Visa is piloting two more fraud prevention ideas. As usual, they are aimed at the brick and mortar stores where fraud loss is covered by the issuers. E-commerce is getting shafted again. Continue reading
Posted in e-Commerce, fraud trends, greed, merchant, profit from fraud
Tagged e-Commerce, prevent credit card fraud
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Chris Dodd: The Moment for Credit Card Reform
This certainly affects cardholders more than merchants but it’s worth taking a look at. We’re cardholders too. Chris Dodd: The Moment for Credit Card Reform:
Credit card crackdown too late?
We have some pending regulations that are good and bad compliments of the Office of Thrift Supervision, the Federal Reserve, and the National Credit Union Administration. Continue reading

