Fraud Prevention for MerchantsAdvisory Council Member:
Chamber of Commerce
On The Web
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Category Archives: Interchange Fees
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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Visa’s Quarterly Profit Up 51%
How can we forget all the whining that the credit card brands did when they heard about the CARD act. They were all up in arms about how much money they were going to loose because they could no longer … Continue reading
Posted in Interchange Fees, Interest Rate
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Banks predicted to loose $5 Billion in revenue
Debit card issuers are projecting a $5 Billion loss in revenue with the new laws expected to pass this week. Do you wonder who will make up those losses? Continue reading
Interchange Fees May Drop
Thanks to a huge push by 7-Eleven and some others, there may finally be some relief from high interchange rates. Continue reading
Posted in government accountability, Interchange Fees
Tagged Credit card law, debit card law, Interchange Fees
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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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