MasterCard announces Processing Integrity Fee

  • April 23, 2011
In October 2009, Visa announced a Misuse of Authorization System Fee of $0.045 per occurrence. Now MasterCard with the introduction of a Processing Integrity Fee will begin to monitor compliance to …

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Will debit only Interchange regulation back fire?

  • March 26, 2011
More evidence that the ill-conceived debit only Interchange regulation may back fire for small merchants this week comes from the MasterCard blog.

In a post, The Durbin Chickens Start Coming Home to …

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Banks change business models in response to regulations

  • March 15, 2011
New reports about ways banks will react to the Fed's proposal to cap signature and PIN debit rates continue to emerge.

According to the Wall Street Journal, U.S. banks are debating letting debit …

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Senate bill introduced to Delay Debit Interchange Regulation

  • March 15, 2011
Senate bill 575 calls for a two-year delay to Fed's debit Interchange regulation. A similar bill is expected to be introduced in the House. Senator Jon Tester (D) who introduced the legislation …

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Banks consider $50 cap on debit card purchases

  • March 14, 2011
With the pending government price controls on debit Interchange fees, as predicted, banks will find ways to steer customer payment choice to higher priced cards. One method under consideration is to …

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VeriFone calls Square's Credit Card Reader Unsafe and Reckless (Video)

  • March 08, 2011
VeriFone has published an An Open Letter to the Industry and Consumers bringing to the forefront the issue of mobile credit card processing security. 

At issue is the ability for criminals to …

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5 Small Business Concerns with Debit Interchange Regulation

  • March 06, 2011
Vantage has been following the merchant Interchange rate debate and commenting along the way here on the Vantage ViewPoint blog. And that viewpoint is from the perspective of the challenges our …

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MerchantRates.com Helps Small Business with Interchange Pricing

  • March 01, 2011
MerchantRates.com, a service of Vantage Card Services, was originally launched in December of 2000. For over 10 years now, MerchantRates.com has been providing instant merchant Interchange rate …

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Will Interchange Regulation Push 884 Troubled Banks Over the Edge?

  • February 28, 2011
Will government Interchange regulation push 884 banks on the brink of failure over the edge?

According to a BankInfoSecurity.com post, the number of banks on the Federal Deposit Insurance Corp.'s " …

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How will Google Compete in Payments?

  • February 26, 2011
In a recent post Google Takes a Bite of the Apple a comparison is made between the payment system subscription pricing model of Apple iTunes at a 30% fee and Google’s announcement of its One …

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