It it good to see the card networks (Visa, MasterCard and AmEx) working together to develop a global standard that improves security and the consumer shopping experience in online and mobile channels. The following article in the WSJ discusses how this initiative will replace card numbers with customizable tokens that can be used for online and mobile purchases.
Unleashing the Power of Interchange Optimization: Maximizing Cost Savings in Payment Processing
For businesses that accept card payments, interchange fees are a significant component of the overall cost structure. Interchange optimization has emerged as the most critical strategic approach to minimize these fees and unlock substantial cost savings. In this...
