Who Loses from Credit Card Fraud?
US card issuers absorb 59% of bank card fraud losses, 41% belong to the merchants. The fraud rate will decline when we switch to EMV cards next year....
Category: Credit Card Processing Blog
Why Square Is Winning the Mobile Payments War
It is no surprise that Square is winning the mobile payments war. The company has put everything on the table and is hiding nothing underneath it....
Credit Card Rates and Fees: What Your Bank Can and Cannot Do
The rules on credit card rates and fees brought about by the CARD Act achieved the goal of protecting consumers against unfair credit card practices....
What Every Merchant Should Know about Transaction Receipts
Transaction receipts must contain all of the information needed to describe the associated transactions and be provided to cardholders per request....
Why PayPal’s Coming to Your Grocery Store Irks Visa and MasterCard
Making merchants an offer they can't refuse, PayPal is once again challenging Visa and MasterCard in their own backyard. And I like PayPal's chances....