credit card processing Industry News

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Latest News from credit card processing

Strategies for Managing the Cost of Processing Small Ticket Payments

The cost of processing low value debit card sales (transactions less than $15.00) has dramatically increased for merchants since the implementation of the Durbin amendment on October 1, 2011. While this new regulation caps the debit interchange fees for regulated...

GAO Releases Interchange Report

Last week, the Government Accountability Office (GAO) released its report on interchange as required by the CARD Act that was enacted earlier this year. Read the full report here.  Some merchant groups like the National Association of Convenience Stores (NACS)...

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