Search for: "Merchant Cash "
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21 Nov 2019, 8:44 am
Fees paid by merchants to the credit card issuing bank will fall in April to an average of 1.4 per cent of each transaction value from the current 1.5 per cent. . . . [read post]
21 Nov 2019, 12:00 am
Platform Competition With Cash-back Rebates Under No Surcharge Rules By: Marius Schwartz (Department of Economics, Georgetown University); Daniel R. [read post]
9 Nov 2019, 10:21 am
Prizes Winning Team: Trophy + INR 50,000 (cash prize) Runner-Up Team: Trophy + INR 25,000 (cash prize) Best Written Submissions: Trophy + INR 10,000 (cash prize) 2nd Best Written Submissions: Trophy Best Orator in the Preliminary Rounds: Trophy + INR 5,000 (cash prize) 2nd Best Orator in the Preliminary Rounds: Trophy Best Orator in the Final Round: Trophy + INR 5,000 (cash prize) Best Researcher: Trophy + INR 5,000 (cash prize) 2nd Best… [read post]
8 Oct 2019, 12:36 pm
The investor money was only being used to make short-term, merchant cash advance loans. [read post]
7 Oct 2019, 10:47 am
It is also a reminder of the need for all players in this space, including litigation funding companies and merchant cash advance providers, to revisit true sale compliance, both in the language of their agreements and in the company’s actual practices. [read post]
2 Sep 2019, 5:01 am
” It also exempts “retailers that exclusively accept mobile payments through membership programs are also exempt,” a provision designed for Amazon even though Amazon doesn’t think the language is sufficient to give it an exemption.Another provision permits merchants to install machines that convert cash into prepayment cards, but prohibits them from charging a fee for the service. [read post]
28 Aug 2019, 5:24 am
The lack of a deal ahead of the October 31 Brexit deadline makes it harder to forge a roadmap for payment processing and merchant service expansion. . . . [read post]
21 Aug 2019, 6:02 am
Credit and Debit Cards Gain Ground on Cash for Small PurchasesDigital Transactions News – August 19, 2019 Cash may still be king among consumers for purchases of $10 or less, but its market share is steadily being eroded by credit and debit cards, says an annual survey from CreditCards.com. [read post]
19 Aug 2019, 11:43 am
The California Department of Business Oversight (DBO) has issued proposed regulations to implement SB 1235, the bill signed into law in September 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans, merchant cash advances, and factoring. [read post]
12 Aug 2019, 12:30 pm
Bad for many merchants. [read post]
7 Aug 2019, 3:40 pm
The investigation into the payroll advance industry represents another effort by regulators to broadly define “credit” or “loan” and expand the definition of “interest” in the context of providers of alternative financial products, such as litigation funding companies, merchant cash advance providers, and other finance companies whose products are structured as purchases rather than loans. [read post]
7 Aug 2019, 9:23 am
With Biometrics by Computop, merchants can take over the strong customer [read post]
31 Jul 2019, 7:02 am
” Bank of America Merchant Services says it processes 17.3 billion transactions annually at more than 700,000 merchant locations. . . . [read post]
24 Jul 2019, 10:00 am
John Howells, chief executive of cash machine network Link, pledged to protect cash machines in areas where cash is still being used regularly. . . . [read post]
10 Jul 2019, 10:42 am
This wallet, which Facebook intends to make available in its other products like Messenger and WhatsApp, will enable users to send Libra to one another through the apps, and potentially to merchants as well. [read post]
3 Jul 2019, 4:34 pm
If I have cash, how do I put funds on Libra? [read post]
3 Jul 2019, 4:06 am
Industry Developments SPOTLIGHT: How Merchants Got Stuck With Card FraudDigital Transactions Magazine – July 1, 2019 It used to be when a merchant got an authorization—an approval from a card-issuing bank resulting from a request by the merchant—the merchant got paid. [read post]
26 Jun 2019, 7:52 am
The purchase price is $75 million in cash, according to a regulatory filing from Sunnyvale, Calif. [read post]
19 Jun 2019, 7:37 am
Accept Cash, Credit Card or Mobile Payment? [read post]
12 Jun 2019, 6:38 am
Cash machines in the UK are currently funded by interchange fees, a sum paid by the bank to the ATM operator for each withdrawal or transaction. . . . [read post]
