WorldPay fails to pass on full EU interchange reductions

Christmas should be season of goodwill to all, so why are merchant acquirers acting like Scrooge at Christmas?  WorldPay has become the latest merchant acquirer to fail to pass on the full 0.5% EU reduction in consumer credit card interchange to its customers.  

Global Payments pockets EU interchange reductions

Global Payments has now written to merchants advising of new pricing starting 1 January 2016. Many observers and merchants had expected material fee reductions in light of the EU’s new interchange cap legislation effective 9 December 2015.  What we are seeing … Continued

More Barclaycard fee increases….Halloween horror

  All Saints Eve is upon us and I’m wondering if it will be “trick” or “treat” for card accepting business this Halloween from their merchant acquirers ?  Definetely trick for Barclaycard customers judging by the onslought of emails we’ve … Continued

2015 Card Processing Price Changes – Review

For the last 12 months we’ve been highlighting the extensive changes happening in interchange regulation and how this would give rise to changes in the costs you pay to accept cards and great opportunities to save money by shopping around.

Cheaper Visa debit processing – 9 tips

We all know by now that the EU legislation to reduce card acceptance charges has failed spectacularly with respect to Visa debit, with most merchants facing increased costs.  But all is not lost – heres some tips on how to … Continued