Fraud Prevention for MerchantsAdvisory Council Member:
Chamber of Commerce
On The Web
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Tag 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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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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The Hidden Cost of Contactless Payment Systems
There are hidden costs to merchants that deploy contactless payment at the POS – but only with the Visa brand. Continue reading
Posted in Contactless Cards, Interchange Fees, RFID, Smart Cards
Tagged Contactless Cards, Interchange Fees
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7-Eleven Protesting Credit Card Fees
Texas based 7-Eleven has circulated a petition against high fees that are passed on to customers. Continue reading