Insights

PIN-Based Payment Companies Could Benefit From Consolidation

“While Visa and Mastercard operate globally, their competitors’ PIN debit networks are primarily US-based. These domestic networks have struggled to grow organically, backed by less marketing and brand exposure than Visa and Mastercard”, said Anand Goel, CEO of Optimized Payments Consulting. He added “Visa and MasterCard benefit from a more comprehensive technology infrastructure; more incentive agreements with processors and top retailers; and a stronger presence in e-commerce, which equips them to move faster in new markets.”

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April 2024: Card Brand Updates

  It's that time again - every April and October major credit card brands like Visa, Mastercard, Discover, and AmEx unveil updates to their interchange fee structures and programs. Understanding these changes is crucial for merchants, but we recognize that...

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