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Tag: interchange fees

How the Value-Added Services of Loyalty 2.0 Could Help Offset Interchange Revenue Contraction

Interchange revenue constriction for card issuers and banks is likely to result from the settlement between Visa, Mastercard, and U.S. merchants reducing rates and...

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What are the payment alternatives in 2024?

Card schemes were planning to increase fees, according to reports last autumn. Then the UK Payment Systems Regulator (PSR) announced in December 2023 provisional proposals to...

India’s incredible shrinking fintech pioneer

Paytm is India’s iconic fintech business, founded by Vijay Shekhar Sharma in 2010 to ‘Pay Through Mobile’. The business achieved several milestones but became...

Fintech Nexus Newsletter (December 13, 2023): Google partners with Affirm and Zip on BNPL pilot

Today, Google has announced a pilot program with Affirm and Zip to bring BNPL natively into the Google Pay wallet. Consumers continue to choose BNPL as a...

Visa and Mastercard lower Canadian interchange fees

Canada has finalised a deal with Visa and...

Bank-Fintech Partnerships and Trends 2024

Fintech and Banking | Dec 7, 2023 Image by rawpixel.com on FreepikThe Current State of Bank-Fintech Partnerships and Banking Trends and InsightsAs we step...

Debit Card Payments Processing: Flow, Fees and Technologies

Nowadays, debit card payment processing is an essential part of the payment business. With customers demanding seamless and secure payment options, understanding the basics...

UK should tap open banking to take on card schemes – govt-commissioned review

The UK should use open banking to provide...

Best Business Models for Startups: 2024 Prediction

The fintech sector in 2023 has experienced unparalleled expansion, marking its prominent role in the worldwide financial landscape.  As per EMR's data, the global fintech...

The Advantages and Challenges of Creating Your Payment Gateway

Constructing your payment gateway offers various benefits and certain challenges. Before you embark on this endeavor, it's crucial to comprehend how developing a payment...

Tether’s Co-Founder Expresses Doubt Over PayPal’s Foray Into Stablecoins, Predicting A Dearth Of Innovation

Advertisement &nbsp &nbsp Tether’s co-founder says PayPal’s foray into stablecoins will not lead to greater sector innovation. He suggests that the payment giant...

Layup Raises $2.3M for its Savings App for Sports Fans That Let’s Them Get a Piece of the Action Without Ever Losing

Prize-linked savings accounts or “PLSA” originated in the United Kingdom as a way to encourage people to save money by adding prize incentives to...

The UPI Phenomenon: From Zero to 10 Billion

If there is one Indian innovation that has grabbed global headlines, it is undoubtedly the instant payment system UPI (Unified Payments Interface). In August 2023, monthly...

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