Cupcakes, Credit Card Processing and Square
A story about a sleepy Midwestern town, cupcakes (fantastic ones at that), the biggest US payment processor, credit card fees and, of course, Square....
Author: UniBul
U.S. Credit Card Delinquencies Keep Falling, Charge-offs Up
Americans continued making their credit card payments on time in July, but the aggregate U.S. charge-off rate was slightly up....
Card Issuers’ Debit Fee Tests Prove Consumers Will Pay for Interchange Cap
Banks are testing various fees, looking for ways to make up for a $7B shortfall in revenue, a result of the Fed's decision to cap interchange fees....
Debit Interchange Fee Limit by the Numbers (Infographic)
There are significant differences in the way the debit interchange limit affects the two types of debit transactions: PIN-based and signature-based....
How to Complete a Card-Present Transaction
Never accept cards where the signature is not matching the one on the sales receipt or is missing altogether, or you'll be liable to financial losses....