Acquiring

25 Feb 21 @ 17:05

European commercial card spending rose by 11% in 2019 to €366 billion and accounted for 8% of the total value of card payments. Charge cards, where transactions must be paid... read more

24 Feb 21 @ 17:33

Intuit, a US business and financial software company that develops and sells financial, accounting, and tax preparation software is reported to be suing Mastercard and Visa for fixing interchange fees... read more

12 Feb 21 @ 09:54

The normally robust card payments markets of France and Belgium are showing the effects of COVID. Monthly card volumes from STET are showing a distinctly difficult start to 2021 for... read more

11 Feb 21 @ 16:32

Hot on the heels of Visa and its recent announcement, Mastercard says it will begin allowing cardholders to transact in certain cryptocurrencies on its network, the latest company to embrace digital... read more

09 Feb 21 @ 16:01

Some of the many benefits that were predicted from Brexit may not realise their early promise and interchange fees may be top of that list! The Prudential Regulation Authority talked... read more

09 Feb 21 @ 09:22

JCB International and Worldine have expanded their partnership to support both the exchange of global e-commerce and the growth of JCB contactless payments enablement across Europe. Previously, the two brands... read more

27 Jan 21 @ 17:33

Card payments in China have been on a sustained growth path for the last few years. While the growth has been somewhat affected by COVID-19, it is still forecasted to... read more

25 Jan 21 @ 11:20

Mastercard has announced that it will raise interchange fees by about five times the current limit when a UK card holder uses a debit or credit card to buy from... read more

05 Jan 21 @ 19:54

Amidst all the hype about new payments methods and channels, it’s easy to ignore smaller, single-market players – but to do so would be a mistake. Domestic payment schemes accounted... read more

15 Dec 20 @ 13:31

Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring... read more

15 Dec 20 @ 11:25

Worldline has signed a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s 3rd largest acquirer with a 20% share of transaction... read more

11 Dec 20 @ 14:15

The UK Supreme Court has ruled that it will allow a $18.5 billion (£14 billion) class action to proceed against Mastercard for allegedly overcharging on interchange fees to more than... read more