Insights

Five Common Mistakes When Evaluating the PINless Debit Business Case

Payments teams love flexibility almost more than they love incremental savings. While PINless debit can offer both flexibility and savings, when talking PINless debit, however, many merchants claim that they don’t see a large enough opportunity to invest in the solution. Unfortunately, many merchants may not be evaluating PINless granularly enough to properly evaluate the potential savings.

Stakeholders Respond to Proposed Revision of U.S. Debit Interchange Fee Cap

For the first time since 2011, the U.S. Federal Reserve has proposed a revision to the maximum interchange fees charged on debit card transactions in the U.S.. With the comment period on the proposal now closed, CMSPI’s Insights team has analyzed the four main arguments against the rate revisions in light of public payments data.

Cutting Costs, Not Corners: The 2024 Guide to Least Cost Routing for Aussies

In today’s economy, Australian businesses are keenly aware that every dollar counts, and efficiency is king. In payments, the spotlight is shining bright on least cost routing (LCR) as a mechanism for businesses to lower payments costs without compromising on customer experience. With LCR expanding to both online and mobile wallet transactions this year, what should be top of merchants’ minds?

Making Data Deliver – A Deep Dive on BIN Data for Debit Routing Optimization

BIN-level analysis is one of the keys to developing actionable data-driven insights that can be used to reduce costs, drive competition, and optimize routing strategy. Read here how CMSPI approaches some of its optimization strategies with BIN-level analysis across a variety of use cases.

Managing Payments in 2023: Three of the Biggest Trends Affecting Grocery Merchants

With recent network fee increases and volume growth in costlier payment channels, it is more important than ever for grocers to find ways to optimize their costs of payments acceptance. Here, we review which three payments trends are impacting cost performance at America’s grocers most – and how they can adapt.

Debit Is More Important Than Ever: Evidence from the Federal Reserve Payments Study

With more U.S. debit volume becoming routable on July 1, 2023 - when the Federal Reserve’s clarification on the applicability of debit routing rights comes into effect – and the launch of FedNow in July, now is a critical time for merchants to reassess their payment acceptance strategies.

Attack on Debit – Interview with Liz Garner

We sat down with Liz Garner, Head of Strategic Partnerships at CMSPI, to find out what the attack on debit means for merchants and the payments industry.

Beware The ‘Big Check’: Is Debit Routing Exclusivity the Answer?

With the Fed’s recent clarification¹, payments-savvy merchants are getting back in the ring for a fresh round of negotiations – one that will decide how much of the $3bn² Card Not Present debit opportunity their business will claim.

Card-On-File Merchants, Meet Debit Routing: How PINless and Network Tokens Can Impact Cards-On-File

In recent years, card-on-file transactions have become one of the most interesting segments of card not present (CNP) spending.

Global Debit Optimization: Why Merchants Are Taking Their Routing Strategy Cross-Border

With the Fed’s most recent announcement, PINless has fast become the hottest topic in U.S. payments. The ability to route online transactions to the lowest-cost network – an opportunity largely restricted to the in-store space until now - is estimated to place up to $3bn in annual savings on the table for merchants.

The $3 Billion PINless Routing Opportunity Explained

The Federal Reserve Clarification has created a flurry of activity in the payments industry - and certainly a lot of confusion around the 57-page document. CMSPI has analyzed the document to understand what it means for merchants and what the data says today.

Putting Profitability First: Is PINless the Answer Tech Companies Have Been Looking For?

Since the 2011 Durbin Amendment, the biggest lever U.S. merchants have had in controlling their payments costs came in the form of PIN debit optimization.