Search for: "First Data Merchant Card Processor"
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19 Jan 2024, 6:00 am
Merchants argue the bill, if passed, would help improve their thin margins by instilling more competition in credit card processing. [read post]
17 Nov 2023, 6:00 am
The Credit Card Accountability Responsibility and Disclosure Act, or CARD Act, mandates that the CFPB provide these reports to Congress every two years, highlighting credit card market data, developments and innovations. [read post]
3 Nov 2023, 6:00 am
In addition, the report found that consumer credit card debt surpassed $1 trillion for the first time since it began collecting credit card data. [read post]
13 Oct 2023, 6:00 am
While the first two may be easier to run, they leave a lot of data on the table, experts say. [read post]
1 Sep 2023, 8:00 am
Processor Trade Group Weighs in on FedNow, SurchargesPayments Dive – August 28, 2023 The Atlanta-based American Transaction Processors Coalition positioned itself to be located near a pack of processors in “transaction alley” when it was founded in 2014. [read post]
28 Jul 2023, 7:34 am
Citing research from the consulting firm CMSPI, the Merchants Payments Coalition, a lobbying group for sellers, argues that passage of the CCCA will have minimal effect of card issuers’ ability to continue funding credit card rewards. . . . [read post]
20 Oct 2022, 8:35 am
First, Doug Kantor. [read post]
18 Feb 2022, 9:23 am
-based payments processor. [read post]
15 Oct 2021, 9:17 am
In the shorter term, Craig said the focus is on the continuing acceleration of eCommerce and more industries that were “very card-present heavy” moving into digital sales, which may require merchants to seek new expertise and providers to optimize their operations. . . . [read post]
15 Oct 2021, 9:17 am
In the shorter term, Craig said the focus is on the continuing acceleration of eCommerce and more industries that were “very card-present heavy” moving into digital sales, which may require merchants to seek new expertise and providers to optimize their operations. . . . [read post]
13 Aug 2021, 8:15 am
Merchants, including millions of small businesses, must pay fees to card issuers, usually banks, and card networks like Visa and Mastercard, in order to accept debit cards. [read post]
13 Aug 2021, 8:15 am
Merchants, including millions of small businesses, must pay fees to card issuers, usually banks, and card networks like Visa and Mastercard, in order to accept debit cards. [read post]
30 Jul 2021, 7:58 am
That unexpected first mover is Wyoming. [read post]
9 Jul 2021, 10:11 am
The measure repeals the surcharge prohibition and applies the surcharge to the consumer, who will pay either a maximum of 2% of the transaction amount or the actual fee the merchant pays its processor. [read post]
6 May 2021, 8:24 am
Some 30-plus banks and credit card processors in Europe are teaming up to topple what they see as an “oligopoly” dominated by the U.S. [read post]
29 Apr 2021, 8:26 am
It’s allowed in all 50 states and on all card types, but only seven merchant category codes (MCCs) can participate in the program. [read post]
25 Mar 2021, 8:06 am
The decade-old amendment capped debit card interchange for larger issuers and mandated a choice of at least two unrelated networks for merchants. [read post]
24 Mar 2021, 8:16 am
That responsibility falls on the payment processor, whether it is a bank, a credit card company or a firm like BitPay. [read post]
17 Dec 2020, 8:04 am
Meanwhile, merchant advocates in the United States argue the case could ultimately lay the groundwork for action against card fees that merchants pay and that, they argue, drive up consumer prices. [read post]
10 Dec 2020, 8:56 am
These figures are based on specific data drawn from invoices and acquirer notices received by leading merchants from their card acquirers. . . . [read post]
