Blog

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

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.

Report Says U.S. Hasn’t Kept Up on Bringing Credit and Debit Card Fees Under Control

ATLANTA, December 10, 2020 Nearly a decade after federal regulators forced U.S. banks to lower fees charged to process debit card transactions, much of the savings has been eroded and the United States has not kept up with other countries' work to bring rising debit and credit card fees under control, according to a report released today by global payments consulting firm CMSPI.

Seven Reasons an Invoice Audit Could Save You Millions

As the global payments landscape continues to change, the fees that merchants pay to processors, networks and banks become ever-more perplexing. So, how can merchants ensure that they get the best service rates and protect themselves from significant card processing fees? Invoice audits are an option but… are they worth it?

Australia’s Routing Opportunity Worth $500m to Merchants

Australian merchants could be missing out on over AUD500 million every year due to overpaying on card fees for contactless debit transactions, according to estimates: and this is only going to rise as the contactless limit – and consumers’ desire to pay without contact – grows.

Problems at the Pump: 5 Complexities of Debit Routing for Convenience & Fuel Retailers

Truly optimized debit routing arrangements can save merchants millions of dollars a year: however, routing is extremely intricate, with numerous pitfalls preventing merchants from minimizing costs.

From In-store to Online: Five Questions with Callum Godwin

The rising cost of processing transactions is nothing new for merchants, with new fees continuously being introduced and existing fees increased. However, with consumers increasingly choosing to shop online – accelerated by the COVID-19 pandemic – merchants could see costs rise even further.

The Cost of Ecommerce: How Rising Online Spend Increases Costs

Throughout the pandemic, widespread store closures have inevitably resulted in online volumes soaring for most retail industries

Subway Chooses Omnichannel Solution Following RFP led by CMSPI

Subway and its franchise owners are set to benefit from a new omnichannel partnership after finalising a Request for Proposal (RFP), managed by CMSPI’s payments experts.