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Should Your Business Go Cashless?

Cardfellow

you can see, as products and services become more expensive, consumers are more likely to use credit or debit cards. Overall, statistics show that Americans use cash for around 14% of their everyday purchases, with 80% using a debit or credit card. Here’s a quick overview of the main advantages.As

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FTC Probing Visa, Mastercard About Debit Card Practices

PYMNTS

antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg.

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

The Fintech Times

Visa is once again in the firing line of the Justice Department as the US administrator files a civil antitrust lawsuit against the payments processor. Visa has been accused of maintaining a monopoly over debit network markets in violation of Sections 1 and 2 of the Sherman Act.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

Currently, in the United States, most credit cards are chip and signature, while most debit cards are chip and PIN. Like magnetic strip credit cards, you sign for a purchase when using a chip credit card. When using a chip debit card, you enter a PIN just as you did with your magnetic strip debit card.

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Top Payments News: DoorDash Bolsters Its Treasure Chest; Policymakers Target Big Tech Over Data; Feds Probe Debit Card Practices

PYMNTS

In today’s top news, DoorDash keeps growing and Visa and Mastercard face big questions over their debit card programs. FTC Probing Visa, Mastercard About Debit Card Practices. Three billion credit and debit cards. And investors seek late-stage investments. DoorDash Adds Another $100M To $2B Coffer.

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AI for Debit Routing: Saving on Debit Transactions

Cardfellow

In this article, well look at the first one – how AI can help save your business money through debit card interchange optimization. Debit Routing Background The Durbin Amendment and PIN Debit Routing Choosing Debit Networks AI for Debit Routing Which processors offer AI debit routing optimization?