GAO Interchange Study Option 4: Allowing Merchants and Issuers to Directly Negotiate Interchange Fees

  • November 21, 2009
This option involves granting antitrust waivers to allow merchants and issuers to negotiate Interchange rates. Collective bargaining by commercial groups, such as groups of merchants or businesses, …

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POS PIN Entry Device Vulnerabilities

  • November 18, 2009
Compromised point-of-sale (POS) PIN-entry devices (PEDs) equipped with tapping mechanisms designed to capture PIN and card data have recently been found in the U.S. marketplace. Visa has received an …

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Rare Praise for Credit Card Acceptance

  • November 17, 2009
I read the New York Times article New York’s Cabbies Like Credit Cards? Go Figure with interest as it told the story of  how New York’s cabbies originally resisted accepting card …

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Vantage launches new site dedicated to B2B payments

  • November 16, 2009
Vantage has launched a new web site at http://vantageb2b.com focused on addressing the specific payment needs of small and mid-sized (SMB) business-to-business (B2B) and business-to-government (B2G) …

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Hiding in the Price

  • November 06, 2009
As you know I follow the debate on the merchant fee called Interchange.  Interchange is the largest component of the discount rate paid by merchants when accepting a credit card payment.  …

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Vantage Points adds Reward Partners

  • November 02, 2009
Vantage Card Services’ seven year old Vantage Points merchant loyalty rewards program is pleased to welcome New Vantage Points Rewards Partners just in time for the Holidays!

Disney …

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Vantage Wayback

  • November 02, 2009

Have you ever used the Wayback Machine?

The Wayback Machine allows users to browse through over 150 billion web pages archived from 1996 to just a few months ago. I used it to craft this brief …

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Fed to consider National Data Breach Law

  • November 01, 2009
According to a Bank Info Security article, House hearings may start later this year or in early 2010 to address the increasing problem of data breaches. According to the Identity Theft Resource …

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Visa moving to chip and PIN in Australia

  • November 01, 2009
Visa Australia announced it was moving to chip and PIN technology for all of its credit cards, with signature transactions to be banned by April 2013.

Visa's move to kill signature-based mag-stripe …

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Keys to a Level 3 Merchant Account

  • October 31, 2009
Accepting Commercial Cards

Commercial credit cards are being used to replace inefficient and expensive paper purchase order processes by businesses, corporations and government agencies with …

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