If you really want to understand the economics of the payments industry,specifically Interchange, this recent Fed paper offers a good historical perspective from a economic, social, and policy perspective from viewpoint of all impacted parties – consumers, banks, and merchants. Read the paper here.
Unlocking the Benefits: Level 2 & Level 3 Processing in Payments
In today's competitive business landscape, optimizing costs and streamlining operations are key priorities for companies of all sizes. When it comes to payment processing, businesses have a valuable tool at their disposal: Level 2 and Level 3 processing. These offer...