7 million retailers to share $7.25 billion proposed settlement

  • July 13, 2012
An estimated 7 million retailers will be affected by a proposed settlement in the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation case.

According to Reuters, it has been …

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PCI guidance for accepting payments using a smartphone

  • July 11, 2012
Our PCI Compliance and Security partner ControlScan plans to integrate the SAQ P2PE-HW into our merchant portal by the end of the quarter, as it’s expected that P2PE certified solutions will be …

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Payment Card Interchange Fee and Merchant Discount Antitrust Litigation

  • July 10, 2012
Visa Inc and MasterCard Inc are moving closer to a settlement in a seven-year old case named In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. Most analyst are predicting …

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Notes from Visa's Q2 2012 Earnings Call

  • May 02, 2012
Visa posted positive double digit gains and says it will “live forever with less share than we once had” due to government regulations.

Visa reported “very vibrant transaction …

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New April 2012 Interchange and Card Industry Fee Changes

  • April 10, 2012
As you know, Vantage provides the most transparent, direct pass-through of the payment industry’s universally established Interchange, Assessment and Access fee schedules.

This April, a whole …

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Global Payments Reports “Unauthorized Access”

  • March 30, 2012
Global Payments identifies and self-reports unauthorized access into a small portion of its processing system limited to track 2 card data only (no track 1 card data, no names, no social security …

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Don’t Let Your Bank Hide Fees

  • March 28, 2012
Like his previous article discussing the merchant services industry, Michael Conticelli has done it again with a must read insightful report in the Ft. Myers Small Business Examiner titled “New …

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Vantage Launches New Merchant Services Portal

  • February 24, 2012
Vantage Card Services [+] is a new merchant services portal for our valued clients to track and redeem their Vantage Points Rewards, explore PayView reporting and trends and access Support Center …

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April 2012 Interchange Modifications Impact B2B and Small Ticket

  • February 15, 2012

Update 3/3/2011: MasterCard is creating new small ticket Interchange charge types as discussed below but NOT introducing new rates. MasterCard is implementing these new buckets for small ticket …

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MasterCard changes registration policy on limiting acceptance by card type

  • January 24, 2012
Effective immediately, registration is no longer required for merchants that accept MasterCard who choose to accept Debit MasterCard Cards only, Other Cards only, or both Debit MasterCard Cards and …

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