Visa seeks to provide more flexibility and security for the modern payments landscape. On May 15th, Visa unveiled new innovation related to payment cards and account-to account payments that it asserts will provide account holders …
Regulatory Updates Regarding Credit Card Fees: Q2/24 This article provides an update regarding ongoing regulatory activity impacting credit card processing. Comment Period for Federal Reserve Proposal to Lower Debit Interchange Ends The comment period for …
Founded in 1850, American Express is one of the most recognized brands in the world. Although American Express is one of the most recognized brands in the world, touching millions of consumers and businesses daily, …
B&H Photo nets a significant cost reduction in credit card processing fees. Founded in 1976, B&H Photo is a wildly-popular electronics supplier known for its personal and passionate expertise in photography, film, and audio technologies. …
Visa and Mastercard Agree to $30B Antitrust Settlement That Will Reduce Merchant Fees On March 26, 2024, Visa and Mastercard announced that they had entered into a $30 billion settlement with US merchants stemming from …
An overview of the April 2024 credit card processing rate and rule changes. Every year in April and October, the card brands update processing rates and rules. Verisave has been monitoring developments and summarized the …
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 …
Updates on actions by the Federal Reserve, the Consumer Financial Protection Bureau and the US Senate to address credit card fees. The credit card processing industry is the subject of ongoing legislation, and regulation focused …
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, …
A $200k reduction in ecommerce payments fees for a major clothing retailer. Ecommerce storefronts , for all the convenience they provide, present a number of challenges when it comes to payment processing fees. Whether a …
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