Blog

How Do U.S. Card Fees Compare Internationally?

U.S. credit card interchange fees – which average 1.80% based on CMSPI estimates - are some of the highest in the world.¹

Debit Optimization: Three Things You Might be Missing in your Strategy Today

While the merchant community might be breathing a sigh of relief having navigated the last two years of immense change, 2022 presents new challenges and opportunities in a familiar space: debit routing optimization.

The New Ecommerce Fees: Why European Merchants Need to Act

On 1st March 2022, many of Europe’s online retailers saw something new in their invoices.

Australian Interchange Changes 2022: A Win or a Loss for Australian Merchants?

In 2022, Australian retail card fees are changing again in compliance with the RBA’s new interchange regulation.

The Reserve Bank of India: A Focus on Fintech and Payments

The announcement of a new department comes soon after a string of impactful regulatory announcements by the RBI on the Indian payments market.

UK and EEA Merchants Brace Themselves for a Potential Five-fold Increase in Card Fees

Merchants in the European Economic Area (EEA) and the United Kingdom (UK) are bracing themselves for a sharp increase in the cost of accepting cross-border transactions

Retailers to Miss Out on $700m in Holiday Sales Due to Digital Payment Channels Inefficiencies

Despite economic recovery in the retail sector in 2021, with the National Retail Federation (NRF) forecasting sales up between 10.5% and 13.5% over 2020, merchants are estimated to miss out in almost $700 million in rejected sales on Black Friday and Cyber Monday, reports CMSPI, the global leader in retail payments advisory.

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.

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."

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