Vantage Viewpoint

New Merchant Services to lower costs and earn rewards

  • March 12, 2010

MerchantRates.com, where ALL merchants large and small can get an Interchange rate price structure to lower their costs, has been redesigned with a new look for 2010.

MerchantRates.com has also …

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From Imaged to Paperless Checks

  • March 04, 2010
Paper checks don’t remain as paper very long. In today’s digital age, they are quickly imaged so they can be electronically cleared and settled.

Converting paper to digital images became …

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No Interchange reform legislation in 2010

  • February 27, 2010
House Financial Services Committee Chairman Barney Frank announced his committee would not take up Interchange legislation this year.   However there are steps that small businesses, family- …

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Strategy to Advance Contactless

  • February 23, 2010
In an article on Digital Transactions “Could Visa’s New No-Signature Rule Hurt Contactless Payments?” it was argued that Visa’s expansion of its policy to no longer require …

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Visa Changes Debit Debate, Backs Contactless

  • February 14, 2010
Visa changes the signature vs. PIN debit debate with policies to support contactless payments. 

In an interview in the June/July 2009 issue of Cards&Payments magazine, Ellen Richey, global …

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Visa's Debit Rates Converge

  • February 12, 2010
Visa has announced additional changes for April 2010.  Visa will adjust the following U.S. Visa Debit Interchange reimbursement fees.  The significance here is that for many merchants the …

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Visa extends Small Ticket Interchange to more Merchants

  • February 12, 2010
Visa has announced additions to the CPS/Small Ticket Interchange Program, currently available to Local Commuter Transport, Taxicabs and Limousine, Restaurants, Fast Food Restaurants, Parking Lots and …

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The Essential Merchant Guide to Card Payment Refunds

  • February 02, 2010
Buyers need not only an understanding of the benefits and value of what you are selling, they also need clearly stated billing, return, shipping and other policies important in their decision making …

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The Fifth Anniversary of Reward Card Interchange

  • January 21, 2010
Reward credit cards are used by card companies to compete with one another for the business of affluent consumers. Card issuers attempt to influence the purchase behaviors of cardholders with higher …

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Debit Network Fee Updates

  • January 11, 2010
NYCE and CU24 PIN debit networks have announced modifications to the current rates. 

Effective February 1, 2010 NYCE will implement the following changes:

The switch fee will be decreased …

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