01 Apr 21 @ 12:54
European commercial card spending rose by 11 percent in 2019 to €366 billion and accounted for 8 percent of the total card payments value. Charge cards, where transactions must be... read more
22 Mar 21 @ 15:40
Its all go for Visa right now, having raised interchange fees in the UK, The Justice Department is now investigating whether it is engaging in anticompetitive practices in the debit... read more
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
18 Feb 21 @ 10:58
PCM EXCLUSIVE: Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business... read more
05 Jan 21 @ 17:53
Brexit is done, and its done with a trade deal. We look at what this means for payments in the short to medium term, from passporting rights to staffing, interchange... read more
21 Oct 20 @ 11:20
Over the last couple of days there have been numerous reports around extravagant card scheme fees paid to the major payment networks, retailers had to spend more than £1 billion... read more
19 Oct 20 @ 03:46
We’re now less than 90 days away from Brexit without much sign of a comprehensive trade deal. We look at what this means for payments in the short to medium... read more
23 Sep 20 @ 12:43
In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... read more
07 Aug 20 @ 09:05
Visa and Mastercard recently reported quarterly results. Visa reported its fiscal third-quarter earnings and revenue expectations had been hit, but the COVID-19 crisis continues to drive mixed spending trends, with... read more
15 Jun 20 @ 05:20
Digital transactions are taking over. Contactless is booming. Meanwhile, small and medium retailers are under intense cost pressure after COVID and don’t want to upgrade their terminals – while some... read more
18 May 20 @ 10:39
EuroCommerce Director-General Christian Verschueren has pressed the European Commission to act on the growing problems facing retailers and wholesalers resulting from the limited scope of the Interchange Fee Regulation (IFR).... read more
14 May 20 @ 10:54
Mastercard is facing a claim of up to £14 billion in a landmark UK collective action case over interchange fee charges that were passed on to shoppers. This week, a... read more
22 Apr 20 @ 13:49
Doug Gray, Chief Commercial Officer at Maxa, says the holy grail of online commerce – improving transaction security while reducing consumer friction – is achievable. By adopting online contactless payments,... read more
06 Apr 20 @ 12:23
Visa is planning a complete overhaul of the interchange fees that merchants pay to accept its cards, hoping more people will abandon cheques, and adjusting its fees for new businesses... read more
30 Mar 20 @ 12:02
In early February we reported that Visa was planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to... read more
13 Feb 20 @ 07:03
New research shows Discover remained the most widely accepted card scheme worldwide at the end of 2018. A new report from RBR research, Global Payment Cards Data and Forecasts to... read more
16 Dec 19 @ 16:55
New research shows that Discover remained the most widely accepted card scheme worldwide at the end of 2018. Global Payment Cards Data and Forecasts to 2024 shows that Discover cards... read more
18 Nov 19 @ 10:51
The Federal Trade Commission (FTC) has initiated a preliminary inquiry on Visa and Mastercard for possibly prohibiting merchants from using other debit networks, Bloomberg Law reports. The regulator is looking... read more
31 Oct 19 @ 09:56
Kroger, the US’s largest grocer, says it will reverse three month interchange fee ban on Visa credit cards. “As of today, Kroger now accepts Visa credit cards at all our... read more
06 Aug 19 @ 12:17
The rise of digital payments is one reason why some analysts predict heavy weather for the major card networks. Others include tighter regulation, possible disintermediation through open banking innovations, creaking... read more
06 Sep 26 @ 19:31
Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more
06 Sep 26 @ 19:32
The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more
10 Sep 26 @ 15:44
US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more