EBizCharge

JUNE 25, 2025

These aren’t just suggestions, they’re critical guardrails that protect your business from non-compliance and ensure transparency with your customers. Notify Networks and Understand Their Requirements Your next move is notifying the card brands and your acquiring bank. Here are three important rules to be aware of: 1.

Compliance 52

Compliance Credit Cards Card Network Rules Rules 52

The Payments Association

JULY 15, 2025

Roles of survey respondents Survey respondent company area Non-bank financial institutions dominated the survey respondents, accounting for nearly one in five participants (20%). Notably, emerging sectors such as digital assets and crypto, open banking, and cross-border payments each captured 2.5%

Financial Crimes 88

Financial Crimes Crime Fraud Prevention AI 88

EBizCharge

JUNE 19, 2025

The regulations surrounding surcharging can be a bit confusing, and non-compliance has consequences. Usually, there’s a cap: you can’t charge more than 4% of the transaction amount. It limits how much banks can charge businesses to process debit card transactions, especially when the bank has more than $10 billion in assets.

Debit Card 52

Debit Card Legal Card Network Rules Credit Cards 52

Stax

JULY 7, 2025

Credit card networks and issuing banks don’t waive their cut; instead, these costs are shifted from the merchant to the customer. It’s important to distinguish this from deceptive offers that promise free processing but hide costs in monthly fees, equipment leases, or inflated rates on non-credit card transactions.

Credit Cards 88

Credit Cards Process Processors Debit Card 88

Clearly Payments

MAY 22, 2025

Authorization An authorization is a request to the cardholders bank to approve a charge. Acquirer (Acquiring Bank) The bank or processor that works with the merchant. Issuer (Issuing Bank) The issuing bank is the bank that gave the customer their credit or debit card.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Processors ACH 52

The Fintech Times

MAY 10, 2025

Geale is responsible for helping to deliver the National Payments Vision and driving the FCAs work on open banking and digital finance. Fintilect, the AI-powered hyper-personalised digital banking provider for financial providers across the globe, has appointed Lindsay Soergel as CEO.

FinTech 59

FinTech Legal Enrollments Non-Bank 59

The Payments Association

JULY 18, 2025

Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change. Some of this activity creates new opportunities for firms, such as the Data (Use and Access) Act 2025 for open banking and open finance. Jaspreet Kaur Senior consultant. to 1.15% (debit) and 0.3%

Regulations 88

Regulations Payment APIs and Integration Payments Legal 88

EBizCharge

APRIL 22, 2025

Most providers require that you set up a merchant account, which acts as a secure intermediary to transfer funds from customer payments to your business bank account. Is there a cap on how many transactions can be processed through your Salesforce gateway?

Payment APIs and Integration 52

Payment APIs and Integration Payment Gateways Gateways Payments 52

EBizCharge

MAY 5, 2025

Credit card processing fees are comprised of several fees, such as: Interchange fees: Interchange fees are paid to the card-issuing bank and typically consist of a percentage of the total transaction amount plus a small, fixed charge. Non-compliance can result in legal implications fines, and damage reputation. Request a demo or trial.

Credit Cards 52

Credit Cards Small Business Process ACH 52

Fintech Labs Insights

JANUARY 24, 2025

This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. Weve been obsessed with new fintech products since before the term was invented.

Product 12

Product FinTech Online and Mobile Banking Credit Union 12

Fintech News

MAY 19, 2024

The bank, listed in Ho Chi Minh City, intends to offer the shares at 34,500-36,000 dong (US$1.36-US$1.40) This move values the bank at approximately 53.5 The sale faces significant hurdles due to regulatory limits on foreign ownership in Vietnamese banks, capped at 30%. trillion dong (US$2.1

Non-Bank 120

Non-Bank Caps Agreements Facilitators 120

Fintech News

SEPTEMBER 17, 2024

The report highlights the role of regulatory , such as interchange fee caps and the promotion of pay-by-bank alternatives, in reducing merchant costs and interventions enhancing competition within the payment market. Australia, for example, introduced caps on interchange fees in 2003 for both credit and debit transactions.

APACS 109

APACS Regulations Caps Real Time Payments 109

PYMNTS

FEBRUARY 6, 2020

5) hearing before the House Financial Services Committee , representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending. The hearing was titled “Rent-a-Bank Schemes and New Debt Traps: Assessing Efforts to Evade State Consumer Protections and Interest Rate Caps.”.

Caps 52

Caps Laws Non-Bank Regulations 52

PYMNTS

OCTOBER 14, 2020

The central bank of Russia is seeking to place a yearly cap on the amount of cryptocurrency that retail investors can purchase, CoinDesk reported. Non-qualified investors wouldn’t be able to purchase over 600,000 rubles (approximately $7,740) per a proposal that the Bank of Russia released.

Caps 56

Caps Bitcoin Digital Currency Central Bank 56

Fintech News

AUGUST 20, 2024

A mix of Thai and regional business groups, including SeaMoney Thailand, SCB X, CP Group, Gulf Energy, and VGI, are preparing to apply for virtual bank licences from the Bank of Thailand, according to the Bangkok Post. Speculation points to Bangkok Bank (BBL), the country’s largest lender, and Jaymart as potential collaborators.

Non-Bank 97

Non-Bank Caps Service Provider Posting 97

Stax

DECEMBER 20, 2023

Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. Interchange fees vary significantly depending on the card issuer, the issuing bank, type of transaction and/or merchant type.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Fintech News

SEPTEMBER 29, 2024

In Malaysia, Bank Negara Malaysia has spearheaded efforts to introduce the Consumer Credit Act (CCA), which aims to increase consumer protection by regulating non-bank credit providers like BNPL companies.

BNPL 131

BNPL Scams Identity Theft Non-Bank 131

NFCW

JUNE 25, 2024

TRANSACTION FEE: A step-by-step overview of the digital euro compensation model Payment service providers will be able to charge merchants a fee for enabling them to accept digital euro transactions, the European Central Bank (ECB) has revealed, but a cap will be placed on the amount that it will be possible for them to charge.

Central Bank 104

Central Bank Online and Mobile Banking Legal Framework Caps 104

PYMNTS

APRIL 6, 2020

Wells Fargo To Cap SMB Bailout Loans at $10 Billion. The country’s fourth-largest bank said it anticipates that its loan capacity will be maxed out under the program since it is operating with the current asset cap limitations. Plus, the European Union began investigating Facebook’s marketplace as part of its antitrust probe.

Caps 52

Caps AI Online and Mobile Banking Small Business 52

PYMNTS

JULY 17, 2018

Banks need the technology of FinTech companies, and tech upstarts need the conduit to customers and installed trust that comes with decades of relationships that span generations. As Bloomberg reported, national banks are exempt from state-level dictates on usury limits. However, looking elsewhere beyond U.S.

Caps 40

Caps Regulations FinTech Payment APIs and Integration 40

PYMNTS

MARCH 11, 2019

For example, the now shuttered ABLV bank in Latvia, along with the Estonian branches of Danske Bank and Swedbank, have all been implicated with Russian money that could have dubious origins. The lessening of deposits came around the same time that prosecutors started an investigation in July in the Danske Bank Estonia branch.

Money Laundering 59

Money Laundering AML Non-Bank Caps 59

PYMNTS

JANUARY 22, 2019

According to the report, the European Commission said that Mastercard has long stopped retailers from looking for lower bank fees that are available outside of their country. percent fee on non-EU debit card payments done in shops, and a 0.3 credit card companies charge. The two payment companies have proposed a 0.2

Visa 82

Visa Debit Card Credit Cards Caps 82

Stax

SEPTEMBER 26, 2024

It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Some states cap the surcharge rate to a set rate or dollar amount. Merchants pay interchange fees to compensate the cardholder’s bank (issuer) for the risk of managing credit card accounts.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

PYMNTS

OCTOBER 14, 2020

14), Wells Fargo called out strong mortgage banking fees, higher equity markets and declining sequential charge-offs as positives for the period. “As The bank said that was predominantly due to increased consumer spending. The bank reported almost $1 billion of expenses linked to customers refunds tied to previous scandals.

Debit Card 82

Debit Card Online and Mobile Banking Non-Bank Volume 82

PYMNTS

SEPTEMBER 29, 2016

Interestingly, even at that top of the new range, should pricing remain there, at the close of the day, the market cap of $1.8 Blue Apron is another firm that is likely to come public, as the on-demand delivery meal kit firm is rumored to be in talks with banks to lead an IPO. billion since its founding in 2010.

Underwriting 67

Underwriting Caps On-Demand Non-Bank 67

PYMNTS

DECEMBER 4, 2018

The company was accused of setting rules that blocked banks in one EU country from offering lower interchange fees to a retailer in another EU country. Mastercard actually stopped the practice in December of 2015 after the European Commission (EC) adopted charge-capping rules. The EC has long fought with the companies over fees.

Visa 53

Visa Laws Caps Debit Card 53

PYMNTS

MARCH 13, 2020

After the financial crash in 2008, banks saved up billions in reserves to make sure that they would be able to handle times of market stress and be able to keep lending. The Fed is basically telling banks to dip into those reserves if they have to. Comcast said it would raise speeds, and AT&T said it would waive data caps.

Fed 58

Fed Federal Reserve Caps Non-Bank 58

PYMNTS

APRIL 19, 2019

India’s alternative finance community is calling on the Reserve Bank of India (RBI) to relax regulations on the market, particularly as they pertain to lending caps. “SME lending is an area which we are looking to grow,” said alternative lender RupeeCircle Co-Founder Abhishek Gandhi.

Small Business 51

Small Business Caps Non-Bank Regulations 51

PYMNTS

MAY 5, 2020

Digital lending marketplace BitX Funding , which matches business owners and non-bank lenders, is aiming to help Amazon third-party (3P) sellers grow. ” Rowe continued, “ Amazon sellers start off with an Amazon Working Capital Loan, but over time they hit a wall as their growth is capped at $1 million in financing.

Finance 63

Finance Non-Bank Caps Economy 63

PYMNTS

MARCH 18, 2019

For banks interested in transforming their brick-and-mortar branches, maybe, according to Diebold Nixdorf Senior Director of Advisory Services Chris Gill. One of the all too common mistakes banks make is letting the technology take the lead.”. Is there a right way and wrong way to innovate? It’s easy to let that happen, he said.

Technology 94

Technology Non-Bank Innovation Caps 94

PYMNTS

APRIL 10, 2020

Wells Fargo To Cap SMB Bailout Loans at $10 Billion. Banks were supposed to start taking in PPP applications on April 3, but only JPMorgan Chase and Bank of America (BoA) had the ability to roll out per a report on April 5. COVID-19 Stimulus Money Could Show Up In Consumer Bank Accounts Today.

AI 86

AI Payment APIs and Integration Online and Mobile Banking Payments 86

Stax

FEBRUARY 28, 2024

It makes it easier for merchants to make the switch to accepting non-cash payment methods like credit cards or contactless payments, which are often seen as more convenient for customers, but can come at a steep price. However, debit card processing fees are capped, and the interchange rates are less than credit card processing rates.

Credit Cards 88

Credit Cards Debit Card Legal Laws 88

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. The service was introduced as part of a government initiative to increase competition in the banking sector, aiming to reduce the inertia that had kept 75% of account holders with the same bank for years.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

PYMNTS

FEBRUARY 25, 2019

25) that China’s largest insurer (as measured by market cap) aims to take its OneConnect financial management unit public. OneConnect offers services to small to mid-sized financial firms, having partnered with hundreds of banks and more than 1,800 non-bank financial companies. 24) and Monday (Feb.

FinTech 59

FinTech Non-Bank Caps Economy 59

The Fintech Times

JANUARY 14, 2024

The American Fintech Council (AFC), the industry association representing responsible fintech companies and innovative banks, offered testimony before the Washington State House Committee on Consumer Protection and Business recommending key amendments to legislation recently introduced.

Regulatory Compliance 64

Regulatory Compliance Consumer Protection Compliance Regulations 64

PYMNTS

NOVEMBER 26, 2018

Small businesses (SMBs) in China are struggling to access bank loans with large, state-owned corporations, according to recent analysis from French trade credit insurer Coface , reported CNBC. That, combined with ballooning debt and ongoing trade disputes with the U.S.,

Small Business 51

Small Business Non-Bank Disputes Caps 51

PYMNTS

JUNE 4, 2020

.” The Fed is said to be charging higher interest than the PPP initiative, and the debts are non-forgivable. Companies also have four years to pay the debts, but Bank of Southern California CEO Nathan Rogge said, per the report, that the window doesn’t provide sufficient time for a number of his customers.

Fed 52

Fed Federal Reserve Non-Bank Caps 52