Hot on the heels of MasterCard’s announcement, Visa Europe have also announced their long over-due plans to reduce interchange costs on consumer credit cards. These reductions in interchange were brought about following the EU’s long running anti-trust investigation into charges levied … Continued
At the end of last month, MasterCard announced a revision of its plans to reduce interchange costs on consumer credit cards. These planned reductions in interchange were brought about following the EU’s long running anti-trust investigation into charges levied by Visa … Continued
Terminal hire agreements are the most contentious issue for merchants judging by the complaints and calls for help we get.
Are the recent fee increases from Paymentsense a breach of their Capped Rates Price Guarantee? It certainly looks that way!
Interchange Plus pricing or Blended pricing ? These are the 2 options for card acquirers when setting the basis of customers’ pricing. Is there a material difference? Does it matter to card accepting businesses or is it all just industry “technobabble” … Continued
WorldPay has recently informed their customers of their latest merchant services price increases. In a letter/email (click here) they advise customers that the “majority will see an increase in their costs of accepting Visa debit cards”. WorldPay is the largest merchant services … Continued
2015 is set to be the most volatile year to date for card processing fees, the year that the EU cap on interchange fee takes affect in the UK.