Will Bank Transfer Day Impact Merchants?

  • November 03, 2011
News story after news story are reporting the same thing – a lot more of us are switching to credit unions and community banks. This spike in activity is being attributed in part to the scandal …

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Durbin’s Debit a Trick or Treat for Small Merchants

  • October 27, 2011
Merchant statements soon to reveal who gets savings from lower debit Interchange.

Next week, most merchants will get their first chance to see if they saved money on their card processing fees due …

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Visa’s Network Participation Fee scheduled for April 2012

  • October 26, 2011
On the Visa Q4 2011 Earnings Call yesterday, Visa stated "We're also moving forward with our modified debit economics, including the implementation of our network participation fee and the reduction …

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DepositGuard offers new and improved Property Rental Payments

  • October 12, 2011
DepositGuard is a payment technology platform for property rental payments that securely collects, holds and administers the deposits and pre-paid rents for vacation and residential property …

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Will the banking industry apply a little Steve Jobs creativity?

  • October 07, 2011
So far the initial reaction to the Fed regulated debit Interchange from the major banks has been anything but creative. Predictable yes; creative no. We've seen many regulated debit card issuers …

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Interchange pricing is the key to merchant savings

  • October 07, 2011
Have you noticed the media blitz over what’s being referred to as ‘Durbin Dollars’, the savings from lower Fed regulated debit Interchange rates? Of course the best way for …

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Visa ends Credit Voucher Interchange for debit transactions

  • October 02, 2011
Another over looked consequence of the debit Interchange revisions, effective October 1st, is the impact on cardholder refunds due to changes in the Visa ‘Credit Voucher’ program.

Visa …

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More signs of unintended consequences from government debit Interchange intervention

  • September 27, 2011
Interchange fees have evolved over the years to be priced at the transaction level depending on factors such as a merchant's industry category, the card product accepted (credit, debit, rewards, …

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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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