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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 …

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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 …

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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 …

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October 2023 Processing Rate and Rule Update

An overview of the October 2023 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 has summarized …

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US Credit Card Debt Exceeds $1 Trillion

Credit card debt reaches record levels. According to the Federal Reserve Bank of New York, US credit card debt has exceeded $1 trillion for the first time. In August, the Fed reported that credit card balances …

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Visa’s Place in the Payments Ecosystem

How Visa got started, and where it sits within the payments world. Visa is one of the dominant players in the global payments ecosystem. It touches the lives of millions of consumers and businesses every …

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Preview of October 2023 Rate and Rule Changes

Changes to credit card processing rates and rules to be activated October 2023. Every year in April and October, the card brands update processing rates and rules. Verisave has been monitoring developments to provide our …

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