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6 Feb 2019, 9:34 am by Ed Dickson
In the United States, billions of dollars of payment card fraud are incurred by customers, banks, and merchants a year. [read post]
14 Oct 2009, 11:27 pm
  Merchants, it turns out, did fine. [read post]
5 May 2007, 9:53 am
We wrote checks against the deposit, and will rely on our overdraft privileges at the bank to cover the checks. [read post]
2 Sep 2014, 5:50 pm by Megan Geuss
They can also pay for goods and services and withdraw cash at millions of merchants and ATMS that accept MasterCard payment cards in Nigeria and in more than 210 countries and territories globally. [read post]
11 Sep 2018, 3:18 pm by Scott M. Pearson
Notably, the new disclosure requirements would apply to sponsors of bank-model lending programs in addition to companies directly extending certain forms of commercial credit pursuant to California Finance Lender licenses. [read post]
2 Sep 2010, 5:29 am by randal shaheen
Leave your ATM cards at home; forget the drive thru at the bank; heck, leave your whole wallet on the kitchen counter -- mobile banking is here and becoming all the rage. [read post]
26 Jun 2009, 1:07 pm
“By issuing credit cards with the ‘Capital One’ logo to Massachusetts customers, the Capital banks essentially were guaranteeing payment to merchants of the amounts charged by those customers, if approved,” said the US Supreme Court. [read post]
21 Apr 2011, 9:18 am by Adam Levitin
If the savings would be pocketed by merchants, it would just be a redistribution from banks to merchants. [read post]
21 Apr 2011, 9:18 am by Adam Levitin
If the savings would be pocketed by merchants, it would just be a redistribution from banks to merchants. [read post]
14 Sep 2011, 12:13 pm by Felix Shipkevich
Gray, principal of ex-Futures Commission Merchant (“FCM”) Forex Liquidity, permanently from NFA Membership. [read post]
5 Jun 2011, 7:02 pm by Adam Levitin
  The Dodd-Frank Act includes a provision known as the Durbin Amendment that regulates the debit card swipe fees paid by merchants to banks. [read post]
29 Sep 2011, 5:53 pm by Glenn
The new rules will cap at 24 cents the fee merchants pay banks each time a customer buys something with a debit card, down from the current average of 44 cents. [read post]
8 May 2021, 3:41 pm by Nassiri Law
Employers may bank on the fact that very few hourly wage workers are going to pursue litigation for such a small amount of money. [read post]
7 May 2023, 9:01 pm by Guest Blogger
Credit card payments are a standard payment method for many merchants and service providers. [read post]
While banks are experimenting with chip-embedded technology, smartcard adoption is hindered by the reluctance of merchants to bear the cost of six million new payment terminals that would be required for conversion to the new standard. [read post]