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AP+ Works With Google to Offer Least Cost Routing on Google Wallets

Fintech Finance

ANZ and Suncorp Bank are the first two issuers live with eftpos multi-network debit cards in the Google Wallet, with other issuers to follow over the course of 2025. Multi-network debit cards allow payments to be processed either through the eftpos network or one of the international debit networks, such as Mastercard or Visa.

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AP+ Works With Google to Offer Least Cost Routing on Google Wallets

Fintech Finance

ANZ and Suncorp Bank are the first two issuers live with eftpos multi-network debit cards in the Google Wallet, with other issuers to follow over the course of 2025. Multi-network debit cards allow payments to be processed either through the eftpos network or one of the international debit networks, such as Mastercard or Visa.

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Australian Payments Plus Works With Google to Lower Cost of Payment Acceptance

The Fintech Times

ANZ and Suncorp Bank have become the first two issuers to go live with eftpos multi-network debit cards in the Google Wallet, with other issuers to follow over the course of 2025. The continued rollout of LCR to mobile wallets is a key part of Australian Payments Pluss ongoing efforts to lower the cost of payments.

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Payroc scoops up another peer

Payments Dive

Payroc is a payments technology company and acquirer that services merchants, enabling them to process credit and debit card payments as well as other types of transactions. BlueSnap has targeted a middle-market clientele, accepting payments from all over the world. Payroc has been on an acquisition spree in recent years.

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Justice Department Accuses Visa of Hindering Innovation by Monopolising Debit Network Markets

The Fintech Times

Visa has been accused of maintaining a monopoly over debit network markets in violation of Sections 1 and 2 of the Sherman Act. In 2020, the Justice Department filed a civil antitrust lawsuit to stop Visa from acquiring Plaid , a technology company that powers fintech apps developing disruptive options for online debit payments.

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How Much Are Debit Card Processing Fees

Payment Savvy

Understanding debit card processing fees is important for any business that takes card payments. What Are Debit Card Processing Fees? Debit card processing fees are charges that businesses must pay every time they accept a debit card payment.

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Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible.