- March 18, 2016
- Global Payments Knowledge
DAY 2 Innovation Project: Who’s powering the New Payment Rails?
Read more from our PayX analysts from Day 2 of Innovation Project 2016 Fireside chat with Charlie Scharf – CEO – Visa • The kinds of services they’ve delivered for many years to Issuers, they now need to direct their attention to merchants and
- November 11, 2014
- Business
Payments APIs – The last mile to realising the Holy Grail in Payments?
Recently, three of the world’s biggest financial services firms—Mastercard, Visa and Citi—have promised to ditch their insular approach and open up their platforms to partners. APIs in Payments has become the forefront of Bank strategies to not only retain but grow market share, grow traction
- August 7, 2013
- Newsletter
Payments Industry adapts: VISA & Mastercard simplify US EMV – PayX Industry News – Issue 34
Our regular round up of the latest news in the Payments Industry. If you would like to receive our newsletter straight to your inbox, you can subscribe here Top Stories Visa and MasterCard Support Common Solutions to Enable U.S. Chip Debit Routing North
- February 12, 2013
- Digital Payments
What’s in Your Wallet?
My kids gave me a new Union Jack wallet for Christmas, forcing me to answer the question in Capital One’s old adverts, “What’s in your wallet?” Capital One credit card (the advert worked!), personal debit card, business debit card, supermarket credit card, 2nd debit card,
- 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
- 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
- September 19, 2012
- Card Processing, Digital Payments, Global Payments Knowledge, Strategy, Technology
Why it’s cool to be Square now!
Square payments – a device that plugs into an iPhone or iPad and turns it into a credit card terminal. Today this brainchild of Jack Dorsey’s is worth $3.25 billion having raised another $200 million in its fourth round of funding. To put that in