Tackling Card Costs in Australia: A Guide to Merchant Fees

Between newly announced regulation, ever-changing scheme fees, and an intricate system of strategic rates, card payments are a maze for Australian merchants today.

CMSPI Hires Payments Industry Leader as Head of Strategic Partnerships

Atlanta, GA - November 2, 2021 - CMSPI, the global leader in retail payments advisory announced Liz Garner, former Principal for Strategic Payment Acceptance Initiatives at Amazon, has joined as Head of Strategic Partnerships.

Former CEO of Deloitte Consulting Joins CMSPI as Chairman of the Board

ATLANTA, GA – October 13, 2021 – CMSPI, the leading global payments advisory, today announced the appointment of industry leader John Kerr as chairman of its board of directors.

Single Acquiring vs. Multi-Acquiring: 5 Key Considerations

For merchants with a presence in multiple markets, the decision to consolidate their payments supply chain can be an intuitive one.

What Does Online Debit Routing Look Like?

As a result of the Durbin amendment's "no-network exclusivity" clause, merchants can route PIN debit transactions to the least cost network. In the online market, PINless technologies allow for merchants accepting online transactions to route to the least cost network, resulting in lower costs and increased competition between card networks in the online environment.

Breaking News: Fed Says Routing Provisions Apply to Card Not Present

Today, the Federal Reserve (The Fed) has made an announcement in regards to "Regulation II" - which enforces the Durbin Amendment - and states that; "debit card issuers should enable, and allow merchants to choose from, at least two unaffiliated networks for card-not-present debit card transactions, such as online purchases."

Card Acceptance Fees: How Are They Changing for German Retailers?

Local card schemes, evolving customer preferences, and regulatory differences all serve to make the European payments landscape a fractured one.

White Paper: The Merchant Battle Worth €68bn – Understanding Interchange Reclaims

Many merchants believe interchange fees are fundamentally anti-competitive, resulting in multiple legal proceedings brought against Visa and Mastercard to recoup the damages incurred. Following the Supreme Court’s decision in 2020, the opportunity to reclaim historical interchange fees could be worth millions to your business.

The RBA’s Review of Payments Regulation: 5 Considerations for Australian Merchants

The Australian payments market is one in a state of flux. In recent years, the country’s retailers have found themselves caught between complex fees, potentially game-changing mergers

Debit Routing Explained

Did you know that just because you have a debit routing tool in place with your processor, you’re likely still missing out on millions of dollars a year?

April Interchange Fee Changes – Impact Analysis (CMSPI Insights Report)

In early 2020, it was announced that both Visa and Mastercard would be making significant changes to the structure of their interchange fees for the first time in a decade. The new rates were originally scheduled to enter into force from either April or October 2020, but most changes were pushed back to April 2021 in response to the COVID-19 pandemic.

So it Begins… Brexit Hits Merchant Fees in 2021

Mastercard has announced that the interchange fees charged to EU merchants for ‘card not present’ UK consumers could increase fivefold in 2021.