In 2011, after a career advising banks and merchants on improving payments, Brendan Doyle, Founder & CEO, set out to build a business that would change the global retail payments landscape for the better. The result is CMSPI; using a unique combination of knowledge, data and technology to improve the productivity of payments. This means a better outcome for merchants, payments companies and, ultimately, consumers.
Since then, CMSPI has become the go-to advisory firm for leading merchants across the globe, looking to supercharge their payments arrangements. In 2021, Inflexion, a global private equity firm, invested in our vision, helping to fuel our growth and develop new technologies that will drive future improvements in payments productivity.
We want to create a win-win-win for payments firms, retailers, and their customers. Our mission is all about making payments more productive and therefore – most importantly - helping our clients be successful and grow their businesses.
Today, reports of a looming global recession are everywhere. While consumer spending may be up, merchants need to be prepared for issues that may arise as a result. The true cost of payments is so much more than fees.
In the Reserve Bank of Australia’s first report on Least Cost Routing (LCR), the bank concludes there are still substantial cost savings left for merchants from routing.
In a market-leading move, the Reserve Bank of Australia has announced that it expects the payments industry to develop least-cost debit routing on mobile wallet transactions.