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How GDP Trends Impact the Payments Industry

Clearly Payments

In periods of economic expansion: Visa’s global payment volume rose 9% in 2024, closely aligned with GDP-driven increases in consumer spending, especially in debit transactions. non-cash payments increased 6%, with card-based transactions accounting for the vast majority of monthly spending as GDP-supported confidence returned.

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Payments regulation roadmap: Q3 2025​

The Payments Association

Next steps/action required: Conduct or update a fraud risk assessment, with documented outputs and regular review cycles. FCA rules are expected to include enhanced obligations around financial promotions, complaint handling, creditworthiness assessments, and tailored disclosure.

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AI for Debit Routing: Saving on Debit Transactions

Cardfellow

Signature Debit Costs Maximizing Your Savings with AI Debit Routing One Caveat to Debit Routing Savings Debit Routing Background In order to cover the possible benefits of AI for debit routing, its important to have a solid understanding of what debit routing is and how it happens now.

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Deep Dive: Assessing And Tackling Debit Card Fraud

PYMNTS

Consumers are increasingly relying on debit rather than credit cards to make online purchases, with one report noting that one in four debit transactions are now made without cards being physically present. Fraud And The Problem Of Convenience. Consumers — especially those in the U.S. —

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Deep Dive: Why ML Plays A Key Role In Debit Issuers' Fraud-Fighting Strategies

PYMNTS

PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. One way FIs can protect themselves is to take advantage of processor- and network-level transaction monitoring.

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Statistics on How Much Merchants Pay for Payment Processing in 2024

Clearly Payments

In 2024, interchange fees range from 0.5% to 2.5% of the transaction value, depending on factors such as card type, transaction type, and merchant category. Assessment Fees: Card networks also charge assessment fees to acquirers, typically around 0.13% to 0.15% of the transaction value.

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How Much Are Debit Card Processing Fees

Payment Savvy

Different Types of Debit Card Transactions There are two main types of debit card transactions: signature debit and PIN debit. Signature debit transactions occur when a customer signs to authorize the payment. Signature debit transactions are commonly used by ecommerce businesses.