Regulation, Economics, and Technology: The Complex World of Debit
Debit is the workforce of payments: simple for consumers, relatively inexpensive for merchants, and ubiquitous in everyday transactions. But beneath that no-frills experience lies...
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Debit is the workforce of payments: simple for consumers, relatively inexpensive for merchants, and ubiquitous in everyday transactions. But beneath that no-frills experience lies...
In their bids to build consumer loyalty, credit card issuers have continued to one-up each other with attractive perks and exclusive benefits. And yet, debit card loyalty programs...
A Canadian trade group has urged card networks to reduce their interchange fees and pass those cost savings on to sellers.
Introduction India’s card payments ecosystem has recently seen two fee-related issues come to a head in quick succession. On one hand, the National Payments Corporation of India ha...
The revised framework includes differentiated rates for merchant categories, financial assistance for small merchants and continued zero charges for person-to-person transfers.
Consumer payment preferences have shifted, but many loyalty strategies have not. Debit has become the primary payment method for a growing segment of consumers—especially younger g...
Two providers quote a merchant for card acceptance. One is twenty basis points cheaper on the headli...
UPI Merchant Fee Debate: Sanju Verma, Brijesh Kalappa & Deepanshu Mohan
Few payment systems have grown as quickly—or become as central to everyday commerce—as India’s United Payment Interface (UPI). The real-time payments network has set a benchmark fo...
Merchant discount rate (MDR) on UPI has sparked debate over how UPI can remain affordable for merchants while creating a revenue stream for the banks and payment companies that kee...
Author: A finextra community member
Pressure on interchange fees has prompted credit card issuers to seek new ways to structure and fund rewards programs. Card-linked offers (CLO) are emerging as one solution, allowi...
Merchant Discount Rate (MDR) is essentially a fee that a merchant incurs when accepting payments for goods or services through credit or debit cards. It is important to note that p...
A group of North Carolina dental practices and small businesses recently brought to light an issue t...
For Australian shoppers, the extra charge for paying by card is about to disappear. Starting October 1, businesses across the country will be barred from adding surcharges to Maste...
Author: A finextra community member
Every bank I've worked with tells a version of the same story. Somewhere in the core of their paymen...
Author: A finextra community member
Author: A finextra community member
Digital commerce faces a quiet but expensive operational crisis. Global card-not-present fraud losse...
More than 1,700 financial institutions have joined FedNow—the U.S. Federal Reserve’s instant payments system—in the just over three years since its launch. But, a substantial numbe...
Author: A finextra community member
UPI MDR Vs Cards: How UPI Compares With Credit And Debit Card Charges
US Bank today announced the launch of Payment Switch, giving customers a faster way to move recurring payments – such as streaming services, cell phones and utility bills – to a U....
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