Applying surcharges to credit card transactions alienates credit card users, but cash or debit card discounts are too costly for merchants to make sense....
The use of mobile banking and mobile payments is growing; in the not-too-distant future they'll become the prevalent method of doing both banking and payments....
The huge increase in payment card usage in China boosted consumption by 4.89% for the 2008-2012 period, adding $375B to GDP and increasing growth by 1.7%....
Debit fraud losses reported in 2011 were shared primarily between the card issuers and the merchants, with 60% borne by the issuers and 38% - by the merchants....
Many applicants for high-risk merchant accounts attempt to falsify information about their businesses to improve their approval chances; but they don't have to....