Uncategorized

Preview of April 2024 Rate and Rule Changes

Impending rule and rate changes that will impact the merchants. Every year in April and October, the card brands update processing rates and rules. Verisave has been monitoring developments to provide our clients with advance …

Read more

PCI Data Security Standard 4.0 Going Into Effect

Payment data security standards updated. In March 2022, the PCI Security Standards Council (PCI SSC), a global payment security forum, published version 4.0 of the PCI Data Security Standard (PCI DSS). As of April 1, …

Read more

Payment Optimization and a Multi-PSP Strategy

Written by our partners at TokenEx. A Multi-PSP Strategy paired with merchant account optimization can bring significant savings for some businesses. For many large organizations, credit card processing fees constitute a top-5 expense … one …

Read more

US Credit Card Balances and Delinquencies Grow

Credit card balances increased by $48 billion to a record $1.08 trillion in Q3 2023. This increase represents a 4.7% increase from Q2 2023 and a $154 billion, or 16.6% increase from Q3 2023, according …

Read more

Mastercard’s Place in the Payments Ecosystem

Mastercard is one of the dominant players in the global payments ecosystem. Mastercard touches the lives of millions of consumers and businesses every day, but few know how Mastercard got started, and there are many …

Read more