There’s a legal, regulatory and political assault on the payments industry and its freedom to set prices in the market, at the global level, at the national level, and as Illinois’s Interchange Fee ...
Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...
If you are a credit card user, you would have come across a number of terms that explain the various charges, financial parameters, and key metrics associated with it. But do you know what an ...
When a merchant accepts credit card payments, it pays an interchange fee charged by the credit card company to process each card transaction. Interchange fees can chip away at a merchant’s bottom line ...
I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...
Recently, NPCI has introduced credit card-related changes, which might mean an uptick in the charges on transacting through Rupay credit cards. This is because all variants of Rupay credit cards, ...
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