The Durbin Amendment One Year On: A Disaster Revealed
The Durbin Amendment has resulted in a transfer of $9.4B from banks to merchants, while hurting consumers whose interests it was supposed to protect....
Author: UniBul
Square Tightens Chokehold on Mobile Payments with Merchant Directory
The number of would-be Square-killers may still be growing, but the processor's chokehold on its section of the mobile payments industry is stronger than ever....
How Mobile Payments Are Making Life Easier in Africa
Egypt's Fawry, like M-Pesa, cannot possibly be successfully implemented in a developed country, but it is making it easier for users to make payments....
Wal-Mart’s Merchant Customer Exchange vs. Google Wallet: Who Will You Bet On?
Wal-Mart's new mobile wallet project is winning the endorsements of a growing number of large merchants and that puts Google Wallet in big trouble....
How the Poor Subsidize Credit Card Programs and Other Facts
Rewards programs cause cash-using households, which also happen to be lower-income, to subsidize card-using households, which are also higher-income....