EBizCharge

DECEMBER 3, 2024

Since managing credit card transactions can be complex, understanding how their settlements work is essential to maintaining financial health as consumer spending rises. Credit card settlements involve various processes and parties that ensure transactions are accurately recorded and funds are transferred.

Credit Cards 52

Credit Cards Settlement Finance Issuers 52

Payments Source

MAY 13, 2020

With the pandemic's economic toll leading to elevated billing error notices, the consumer bureau said card companies will not be cited if they fail to meet the typical time frame for resolving disputes.

Disputes 118

Disputes Card Issuer Credit Cards Issuers 118

NFCW

JANUARY 31, 2025

BIOMETRICS: Life Card is to start issuing payment cards with fingerprint verification Japanese credit card issuer Life Card is to begin issuing cards containing a built-in fingerprint verification sensor this year, in a move that marks the first commercial launch of biometric payment cards in Japan.

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Card Issuer Verification Issuers Credit Cards 100

Payments Dive

JUNE 9, 2025

The retail juggernaut’s OnePay affiliate is working with the card issuer and the network to launch general purpose and private label credit cards later this year.

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Card Issuer Visa Issuers Credit Cards 78

Payment Savvy

JANUARY 11, 2023

If you are one of the ten million-plus American businesses with a merchant processing credit card account, the chances are you are aware of an industry term known as interchange. Each new credit card transaction is assigned to what is known as a target interchange category. Interchange Downgrade.

Credit Cards 98

Credit Cards Card Issuer Issuers Processors 98

Stax

DECEMBER 20, 2023

Interchange is the fee that credit card companies like Visa and Mastercard charge businesses to accept their cards. In this article, we will break down credit card interchange fees so you will know exactly how much you’re spending when running your business. Request Quote What Are Interchange Fees?

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Cardfellow

MARCH 9, 2025

If youre wondering if you have to do anything different to accept a virtual credit card, the short answer is no. However, its good to be aware of the factors involved in virtual cards and thats what Ill go over in this article. What are virtual credit cards? Which companies issue virtual credit cards?

Credit Cards 40

Credit Cards Processors Card Issuer Origination 40

Payments Source

MARCH 8, 2020

Credit card issuers caught in the trap of chasing new customers with increasingly costly rewards-point programs are trying something new: letting more users redeem rewards directly with merchants instead of acting as the intermediary.

Credit Cards 116

Credit Cards Card Issuer Issuers Risk 116

Synapse Payment Systems

AUGUST 25, 2022

Almost every business accepts credit card payments these days. The good news is that it is possible to learn how to lower credit card processing fees. Here’s what you should know about negotiating lower credit card processing fees. Most credit card processing fees are between 2.5

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Credit Cards Transactions Processors Assessments 130

Paystand

OCTOBER 18, 2024

Table of Contents What is a credit card issuer? Who can be a credit card issuer? How do credit card issuers operate within the payment cycle? What do credit card issuers do? Eliminate credit card fees with Paystand

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Card Issuer Credit Cards Issuers Payments 52

Payments Dive

MAY 24, 2024

The retail behemoth and its credit card issuer said in a terse, joint press release Friday that they’re parting ways.

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Card Issuer Issuers Credit Cards 167

Fintech News

JANUARY 7, 2025

Singapore’s government has clarified that the Shared Responsibility Framework will not apply to credit card fraud cases, citing existing robust protections for consumers. This clarification came in response to a parliamentary question on the prevalence of credit card fraud in the country. million each year.

Credit Cards 107

Credit Cards Push-to-Card Card Issuer Authentication 107

Payments Dive

JULY 6, 2023

senators, the top 10 credit card issuers outlined their late fee practices and warned of potential consequences if fees are capped as the CFPB has proposed. In responses to a group of U.S.

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Card Issuer Issuers CFPB Caps 78

Payments Dive

MARCH 5, 2024

The Consumer Financial Protection Bureau finalized a rule that sets a “threshold” of $8 for late fees that can be imposed by large credit card issuers, and eliminates automatic inflation increases.

Credit Cards 97

Credit Cards Card Issuer CFPB Issuers 97

Payments Source

JUNE 5, 2019

credit-card issuer, is reviving a controversial policy that forces credit-card customers to use arbitration instead of court to resolve payment disputes. JPMorgan Chase & Co., the biggest U.S.

Credit Cards 88

Credit Cards Card Issuer Disputes Issuers 88

Clearly Payments

JANUARY 12, 2024

Credit card fraud is an unfortunate reality that businesses must face in today’s digital age. Year after year, credit card fraud attempts are on the rise, with a staggering 46% year-over-year increase reported globally. Here are specific steps to take if a credit card fraud incident occurs.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

Payments Dive

MARCH 24, 2023

The agency wants to give consumers more information from credit card issuers so that it’s easier to compare the cards’ offers, especially their interest rates.

Credit Cards 88

Credit Cards CFPB Card Issuer Issuers 88

Payments Dive

MAY 19, 2025

Completion of the combination results in the richest banking deal of the past six years and creates the nation’s largest credit card issuer.

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Card Issuer Issuers Credit Cards 88

Clearly Payments

DECEMBER 2, 2024

With over 79% of consumers using credit or debit cards for transactions, businesses that do not accept cards risk losing significant sales. This article will explore the various ways businesses can accept credit cards, including their advantages, costs, and considerations. Transaction fees range from 1.5%

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Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

Clearly Payments

OCTOBER 22, 2024

This guide explains how a PIN functions in credit and debit card payments and its importance for merchants. A PIN is a four- to six-digit numerical code assigned to a credit or debit card by the card issuer or chosen by the cardholder. What is a PIN? How Does a PIN Work?

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Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

Payments Source

SEPTEMBER 1, 2020

Capital One Financial is reining in credit lines to reduce its exposure while the nation’s largest card issuer, JPMorgan Chase, is rolling out a new card designed for travelers and diners.

Credit Cards 118

Credit Cards Card Issuer Issuers Consumer 118

Basis Theory

NOVEMBER 13, 2023

How Credit and Debit Cards Compare The fundamental difference between a credit and debit card is whose money is being used in the transaction: with a credit card, the consumer is borrowing from the card issuer , while with a debit card they are using their own money, stored with the issuing bank.

Credit Cards 88

Credit Cards Processing Costs Debit Card Card Issuer 88

Payments Dive

APRIL 20, 2023

Despite a somewhat troubled past with Walmart, the card issuer appears to be raising its hand if the retailer is looking for a new credit card partner.

Card Issuer 148

Card Issuer Issuers Credit Cards 148

Fintech News

JUNE 12, 2024

In the rapidly evolving digital landscape, traditional credit cards face the challenge of staying relevant amidst the rise of digital wallets and changing consumer expectations. The emergence of Cards-as-a-Service (CaaS) offers a transformative solution that can help credit cards adapt and thrive in this new era.

Credit Cards 109

Credit Cards Payment APIs and Integration Card Issuer Non-Bank 109

PYMNTS

AUGUST 3, 2020

With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as families struggled to pay bills. It turns out, financial institutions report missed consumer payments and a request for more credit have not materialized, The Wall Street Journal (WSJ) reported.

Credit Cards 97

Credit Cards Consumer Federal Reserve Card Issuer 97

Clearly Payments

APRIL 24, 2025

How Payment Processing Fees Work When a customer pays with a credit or debit card, a few parties get a cut of the transaction. Heres a simple breakdown: Interchange fees: Interchange fees go to the customers bank (the card issuer). Assessment fees: These go to the card networks like Visa and Mastercard.

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Large Merchants Process Processors Volume 99

Payments Dive

AUGUST 24, 2022

The Consumer Financial Protection Bureau is considering requiring top credit card issuers to share more information on their products to increase transparency for consumers.

Credit Cards 78

Credit Cards CFPB Card Issuer Issuers 78

Payments Source

MARCH 25, 2020

Alliance Data Systems, which has substantial exposure to the mall-based retail sector, sought Tuesday to assuage investors' fears about the impact of the COVID-19 outbreak.

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Card Issuer Credit Cards Issuers 88

The Fintech Times

NOVEMBER 11, 2024

More than one-fourth (29 per cent) of bank customers and 22 per cent of credit card customers have experienced some instance of fraudulent activity on their accounts in the past 12 months alone, according to a new study by J.D. That number falls to just 40 per cent among credit card customers. The inaugural J.D.

Credit Cards 59

Credit Cards Card Issuer Fraud Prevention Issuers 59

FICO

NOVEMBER 10, 2020

I am always glad to see headlines like this one, which ran last summer in The New York Times: “ How to Reduce Credit Card Fraud.” In addition to these core technologies, banks and card issuers have large fraud teams dedicated to investigating individual customer claims, as well as monitoring trending fraud patterns.

Credit Cards 98

Credit Cards Consumer Card Issuer Issuers 98

Stax

MARCH 13, 2025

In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. A survey by Forbes Advisor also revealed that 33% of consumers prefer to use credit cards as they’re safer than carrying cash. Credit card companies also use them to fund rewards programs.

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Debit Card Credit Cards Processors Processing Costs 88

PYMNTS

APRIL 26, 2020

Banks are bracing for fallout as more people struggle to make credit card payments due to lost paychecks amid the coronavirus pandemic, according to a report by The Wall Street Journal (WSJ). Credit card companies — Capital One, Discover, Synchrony — have been allowing people to pause payments for 30 days or more.

Credit Cards 83

Credit Cards Card Issuer Payments Economy 83

PYMNTS

APRIL 27, 2020

As consumers shop amid ongoing public health restrictions, they almost invariably reach for their credit cards — whether the physical varieties in their wallets or the digital versions stored on their browsers and mobile devices. More than ever, credit cards are becoming the coin of the realm in the global connected economy.

Credit Cards 90

Credit Cards FinTech Processors Card Issuer 90

The Fintech Times

JANUARY 11, 2025

Released in October 2024, the Personal Financial Data Rights rule requires financial institutions, credit card issuers, and other financial providers to unlock a consumer’s personal financial data and transfer it to another provider at their request for free.

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CFPB Consumer Financial Protection Bureau (CFPB) Card Issuer Rules 101

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Card Network (e.g., Pre-pandemic, 62.3%

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Finextra

JANUARY 16, 2025

Apple is reportedly in talks with Barclays to replace Goldman Sachs as its credit card issuer.

Credit Cards 72

Credit Cards Card Issuer Issuers 72

Stax

MAY 7, 2024

With credit card transaction volume hitting over $9.5 trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. To complete payment processing, credit card companies have to charge processing fees. Cashless transactions have dethroned the age-old cash payments.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88