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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Joining Forces: Bill.com and Vantage Partner to offer Integrated Level 3 Merchant Services

  • June 09, 2011
Today businesses are finding that accepting card payments is a growing necessity and often a preferred method for collecting accounts receivables. So when Bill.com, who helps small and mid-sized …

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Tester Amendment fails to get 60 votes to study Interchange regulations

  • June 08, 2011
Sens. Jon Tester (D-Mont.) and Bob Corker (R-Tenn.) offered an amendment to the Economic Development Reauthorization bill to delay by 15 months the implementation of the Federal Reserve’s rule …

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How does Square compare?

  • June 06, 2011
At Vantage we market the VeriFone PAYware Mobile iPhone reader for mobile merchants who have the sales volume to support having their own direct merchant account. (How is that for a disclaimer?) …

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Visa backs Square with Investment

  • April 27, 2011
Last year Visa completed its acquisition of CyberSource (Authorize.net) for approximately $2 billion in cash to expand its online payment, fraud and security capabilities. Since then Visa launched …

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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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