- January 15, 2013
- Interchange
Interchange Fees – It’ll all end in Tiers!
If MasterCard’s analysis, published in their Insights paper 1Q2007, of the effects and outcomes of the RBA (Reserve Bank of Australia) intervention into Interchange Fees (ICFs) back in 2002 is to be taken at face value then the prospects for European consumers using payment cards,
- December 18, 2012
- Interchange
Visa Hungary – Reports suggest they are losing their appetite
If the recent article published on the Pymnts web site is accepted then it seems that Visa may be considering an exit strategy from Hungary in the face of substantial, and continuing, market share loss to MasterCard. According to the article, and cross referenced pieces,
- December 14, 2012
- Interchange
If the Force is with the Mega Processors what price card scheme fees?
It is becoming increasingly obvious to me that the Global and Regional card payment processing organisations have their sights set, if not on world or territorial domination, certainly on ever increasing size and scale. Where organic growth fails to deliver to aspirations, smaller operations are
- November 29, 2012
- Interchange
Card Issuers don’t refer for the fun of it
Both of the international card schemes Visa and MasterCard, include in their impressive array of member fee tariffs an assessment fee for Issuers that breach a percentage threshold of authorisation referral responses to authorisation requests received. The percentage is 0.5% but that is incidental. Both
- November 23, 2012
- Interchange
Multilateral or Bilateral Interchange Fees? – The Good? The Bad? The Ugly?
The regulatory position on interchange fees in Europe over the last 5/10 years has shifted significantly. Whereas in the 1990’s and as late as 2002 the competition authorities gave the international card schemes clearance when they filed their interchange fee arrangements (albeit the latter one
- October 31, 2012
- Interchange
Is it a complex world we live in ….. or is it a simple world made complex?
So a man walks into a shop and says to the shopkeeper “I’d like to buy that electric drill in your window and pay with my MasterCard”. “Certainly Sir”, the shopkeeper replies and starts to pack the goods. “Actually”, the customer says, “I’ve changed my
- October 23, 2012
- Interchange
Card issuers, are you planning for Interchange Fee Revenue Loss?
I’ve said before that MasterCard’s final appeal of the EC’s December 2007 negative decision promises to be a major crossroads for the Card Industry and may have far reaching consequences. Ok, so it seems to take forever for these cases to be heard, but the
- October 15, 2012
- Card Processing, Global Payments Knowledge, Interchange, Payment Research
Consumers hit in the wallet by European Commission’s good intentions
I took a look at some of the reported findings from MasterCard over on Finextra today. Their article titled: MasterCard Research shows that Europeans fear they’ll pick up the tab for lower Interchange Fees makes for a very interesting read, with a hint to why
- October 4, 2012
- Business, Card Processing, Interchange, Payment Research, Strategy
To Err is Human … to Receive Correct Interchange Fees Divine
New products, new channels, massive technological change and all bundled up into two major releases each year by the card schemes, well, as it says in each closing episode of Frasier – ‘What is a boy to do’ Put simply, the ambition to keep interchange