U.S. Credit Card Debt Up Sharply
The aggregate volume of US consumer credit card debt rose by 7.9%, or $5.2B, in June, the fastest rate since March 2008, lifting the total to $798.3B....
Category: Credit Card Processing Blog
Debit Interchange Limit Will Raise Fees on Small-ticket Sales
One consequence of the interchange fee limit will be that small-ticket merchants will be paying higher debit transaction fees than they currently do....
E-Commerce Dynamic Currency Conversion
Dynamic Currency Conversion allows US businesses to offer international customers the option to complete card transactions in their own currency....
Murky Prospects for Mobile Payments Charged on Cell Phone Bills
There is an easily identifiable niche for mobile payments charged on the cell phone bill but whether the service can go mainstream is much less clear....
PIN-Based Debit Interchange Fees to Rise under New Fed Rules
Under the new Federal Reserve rules on debit interchange fees, some merchants accepting PIN-based debit will end up paying higher fees than before....