Interchange & Access Fee changes

  • April 29, 2009
While minor adjustments have been made to the Interchange fees that issuing banks earn; the real story this spring are changes to fees earned by MasterCard and Visa. Beginning in April 2009, …

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Industry Watch: Terminal Retirements

  • April 29, 2009
Vantage would like to take this opportunity to remind merchants of pertinent upcoming PCI DSS mandates and impacts:

Effective July 1, 2010, acquirers must ensure their merchants use only …

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PCI DSS Resource: Prioritized Approach

  • April 29, 2009
The Payment Card Industry Security Standards Council (PCI SSC) has released a new resource for achieving PCI DSS Compliance.  This new resource is referred to as the Prioritized Approach and it …

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Proactive Accounting

  • April 22, 2009
Payment card processing expenses directly affect the bottom line profits of businesses.  Proactive accounting professionals can help their clients by introducing them to educational resources.& …

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Google Checkout moves to tiered credit card processing rates

  • March 11, 2009
Beginning May 5, Google Checkout's fees will transition to a new tiered fee structure based upon a merchant's monthly sales processed through Checkout.   While this new fee schedule appears …

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Peer-to-Peer Lending

  • March 11, 2009
Merchant Cash Advance proposes to lend money to merchants based on their credit card receivables.  However these lending options are very expensive.   Is peer-to-peer (P2P) lending an …

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More people go with Visa

  • March 07, 2009
In a new global ad campaign, Visa changes focus to the advantages of plastic over paper cash and checks.   Consumer perceptions of credit card brands has been trending negatively because …

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State Laws on Receipt Truncation

  • February 15, 2009
In addition to federal law and various state laws which require merchants to truncate the cardholder copy of receipts, three (3) states now require merchants to truncate both the cardholder and …

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MasterCard Beats Estimates on Price Increases

  • February 07, 2009
MasterCard Inc., the world’s second- largest credit-card network, rose the most in three months of New York trading after beating analysts’ profit estimates by raising the price of …

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Visa Reports Q1 Earnings

  • February 06, 2009
The first thing of note is that the report is based on a one quarter lag which means Visa is really reporting on the end of 2008, not Q1 2009.  While this better than expected quarterly report …

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