MerchantRates.com now quoting new Fed regulated debit Interchange rates

  • September 22, 2011
Get an instant Merchant Rate quote based on the new October 2011 Interchange schedules and get a first look at the Fed's new regulated debit rates as mandated by legislation often referred to as the …

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Department of Justice Final Judgment on Rule Changes

  • August 24, 2011
In October 2010, both MasterCard and Visa entered into a proposed consent decree and final judgment with the Department of Justice that required both payment card networks to modify their policies …

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Debit Interchange Regulation Fallout

  • August 17, 2011
ABC News reports that Wells Fargo to Test $3 Debit Card Fee. Major banks have already begun to change qualifications on free checking accounts and end debit rewards programs.

An it appears that the …

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Lower Invoice Processing Costs Through Automated Workflows

  • August 17, 2011
PayStream Advisors survey shows Increasing Adoption of Automated Workflows in Invoice Processing

Automating the invoice approval process is the next logical next step for companies that are already …

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A Wake Up Call for Small Business Security Concerns

  • August 15, 2011
Small business owners are a new favorite target for hackers hoping to take advantage of weak security in small business environments. This excerpt from a recent article in the Wall Street Journal …

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Visa and MasterCard plan changes due to new debit Interchange regulations

  • August 08, 2011
In June, the Fed announced final debit Interchange rules. Now we are starting to learn more about how Visa and MasterCard will approach the transaction routing provisions that ban exclusive …

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Visa to charge new location fee

  • July 28, 2011
Visa introduces a new pricing model, but provides only limited details. As reported in the International Business Times, Visa will be implementing a new fee called a “Network Participation Fee& …

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Resilient checks fail to become extinct

  • July 27, 2011
The UK has reversed its Vote to Abolish Check Clearing. In a testament to the power of the payment properties of checks, the UK Payments Council has decided to keep checks and cancel its 2018 target …

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Merchant rates for debit acceptance to fall in October

  • July 19, 2011
The countdown to lower debit Interchange is on with only 11 short weeks remaining. The most important thing merchants can do now is switch to an Interchange plus pricing plan. Take a look at your …

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Fed announces final debit Interchange rules

  • June 29, 2011
Breaking Interchange NewsAt the Federal Reserve meeting today the final debit card rules where announced and the debit Interchange cap has been raised to 21 cents plus 5 basis points per transaction ( …

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