Announcements

Reducing Payment Fees: Not Just a Fad

By Anand Goel U.S. merchants will spend over $90 billion in credit card processing or swipe fees in 2019. For many organizations, these fees represent one of their top five operating costs. INCREASING COSTS Swipe fees continue to grow, not only due to an increase in card sales, but also due to increases in interchange and […]

PIN-Based Payment Companies Could Benefit From Consolidation

Anand Goel was quoted in this article on Forbes.com by Yizhu Wang and Christopher Kane on the benefits of consolidation for PIN-Based payment companies. There’s money —a lot of money — to be made helping people spend theirs, from signing on a check and swiping a card to tapping your phone on a point-of-sale terminal. […]

Premium and Super Premium Cards – The Silent Killers

Over the years, we have seen many increases in interchange fees. Every 6-12 months, Visa/MC will pinpoint specific interchange rates that they choose to go up or down (mostly up). These increases usually apply to only a few categories each release, and they are fairly straightforward to forecast the cost impacts. For example, in October […]

American Express is Changing their Approach to Merchant Services

Within this complex world of payment processing, one major card network is taking a different approach to merchant services. American Express’s new CEO, Stephen Squeri, announced earlier last quarter that AmEx will be reducing their global merchant discount fees (“swipe fees”) by 5-6 basis-points, which could be their largest decrease in price in the last […]

Payments are Constantly Changing – April 2018 Regs Release Highlights

It’s that time of year again. No, we do not mean tax season. This is what people in the payments world call “Regs Season”. “Regs” is a semi-annual Regulatory Release update which all the major card networks (Visa, MC, Discover, Amex) coordinate to provide a single weekend for their most significant changes in rules, rates, […]

Press Releases

Reducing Payment Fees: Not Just a Fad

By Anand Goel U.S. merchants will spend over $90 billion in credit card processing or swipe fees in 2019. For many organizations, these fees represent one of their top five operating costs. INCREASING COSTS Swipe fees continue to grow, not only due to an increase in card sales, but also due to increases in interchange and […]

PIN-Based Payment Companies Could Benefit From Consolidation

Anand Goel was quoted in this article on Forbes.com by Yizhu Wang and Christopher Kane on the benefits of consolidation for PIN-Based payment companies. There’s money —a lot of money — to be made helping people spend theirs, from signing on a check and swiping a card to tapping your phone on a point-of-sale terminal. […]

Premium and Super Premium Cards – The Silent Killers

Over the years, we have seen many increases in interchange fees. Every 6-12 months, Visa/MC will pinpoint specific interchange rates that they choose to go up or down (mostly up). These increases usually apply to only a few categories each release, and they are fairly straightforward to forecast the cost impacts. For example, in October […]

American Express is Changing their Approach to Merchant Services

Within this complex world of payment processing, one major card network is taking a different approach to merchant services. American Express’s new CEO, Stephen Squeri, announced earlier last quarter that AmEx will be reducing their global merchant discount fees (“swipe fees”) by 5-6 basis-points, which could be their largest decrease in price in the last […]

Payments are Constantly Changing – April 2018 Regs Release Highlights

It’s that time of year again. No, we do not mean tax season. This is what people in the payments world call “Regs Season”. “Regs” is a semi-annual Regulatory Release update which all the major card networks (Visa, MC, Discover, Amex) coordinate to provide a single weekend for their most significant changes in rules, rates, […]

Articles

Reducing Payment Fees: Not Just a Fad

By Anand Goel U.S. merchants will spend over $90 billion in credit card processing or swipe fees in 2019. For many organizations, these fees represent one of their top five operating costs. INCREASING COSTS Swipe fees continue to grow, not only due to an increase in card sales, but also due to increases in interchange and […]

PIN-Based Payment Companies Could Benefit From Consolidation

Anand Goel was quoted in this article on Forbes.com by Yizhu Wang and Christopher Kane on the benefits of consolidation for PIN-Based payment companies. There’s money —a lot of money — to be made helping people spend theirs, from signing on a check and swiping a card to tapping your phone on a point-of-sale terminal. […]

Premium and Super Premium Cards – The Silent Killers

Over the years, we have seen many increases in interchange fees. Every 6-12 months, Visa/MC will pinpoint specific interchange rates that they choose to go up or down (mostly up). These increases usually apply to only a few categories each release, and they are fairly straightforward to forecast the cost impacts. For example, in October […]

American Express is Changing their Approach to Merchant Services

Within this complex world of payment processing, one major card network is taking a different approach to merchant services. American Express’s new CEO, Stephen Squeri, announced earlier last quarter that AmEx will be reducing their global merchant discount fees (“swipe fees”) by 5-6 basis-points, which could be their largest decrease in price in the last […]

Payments are Constantly Changing – April 2018 Regs Release Highlights

It’s that time of year again. No, we do not mean tax season. This is what people in the payments world call “Regs Season”. “Regs” is a semi-annual Regulatory Release update which all the major card networks (Visa, MC, Discover, Amex) coordinate to provide a single weekend for their most significant changes in rules, rates, […]