Insights

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.

Unwrapping Card Fees This Holiday Season

Card fees are reaching near-record highs this holiday season. Read here to see how much retailers will pay this holiday season.

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.

CMSPI’s Monthly PINless Enablement Tracker

In the lead up the July 1, 2023 enforcement date of the Regulation II clarification, CMSPI will be monitoring the market’s movement toward compliance, offering unrivaled visibility into market-leading metrics on one of the biggest opportunities for merchants in 2023.

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.

CMSPI Data Shows PINless Enablement On The Rise

In a win estimated to be worth $3bn for merchants¹, the Federal Reserve’s October 2022 clarification mandates that issuers make at least two competing debit networks available for all payment channels by July 1, 2023.

The Attack on Merchant Debit Savings Report

The Federal Reserve ultimately clarified in October 2022 that existing law requires network competition for online transactions. This represents a big opportunity for merchants, consumers, and domestic debit networks, but there’s work to be done.

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.