transaction fees

EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
August 14, 2024  |  Regulation

European banks reportedly have issues with the U.K.’s plan to cap international digital transaction fees. A pair of trade organizations — the European Banking Federation and Payments Europe —...

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Judge Rules Against Sanctioning Law Firm in Visa, Mastercard Settlement
Judge Rules Against Sanctioning Law Firm in Visa, Mastercard Settlement
July 15, 2024  |  Legal

A federal magistrate judge ruled Saturday (July 13) that plaintiffs law firm Milberg Coleman Bryson Phillips Grossman would not be sanctioned at this time for...

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Shared Payments Models Rewrite Economics of Commercial Cards
Shared Payments Models Rewrite Economics of Commercial Cards
March 26, 2024  |  B2B Payments

When it comes to business-to-business (B2B) payments, it’s easy to get blindsided by the staggering $100 trillion-plus annual transaction volume and miss the real action....

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Payment Processors Adapt Strategies to Woo Main Street SMBs
Payment Processors Adapt Strategies to Woo Main Street SMBs
November 24, 2023  |  B2B Payments

Small-to-mid-sized businesses (SMBs) on the main streets of the United States heavily rely on payment processors to facilitate their transactions. While PayPal and Square dominate...

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1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
October 17, 2023  |  SMBs

The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized...

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WooCommerce and Veem Partner to Expand Global Commercial Payments
WooCommerce and Veem Partner to Expand Global Commercial Payments
October 12, 2023  |  Commercial Payments

Open-source eCommerce platform WooCommerce has announced a partnership with Veem, a global payments provider, in a Thursday (Oct. 12) press release. This collaboration aims to...

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59% of Small Businesses Would Switch to Cheaper Payment Processors
59% of Small Businesses Would Switch to Cheaper Payment Processors
September 29, 2023  |  SMBs

Small to midsized businesses (SMBs) on Main Street, U.S.A., view their payment processors favorably. With 85% of SMBs satisfied with their processor, those seeking to...

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FLEETCOR Agrees to Comply With Court Ruling in FTC Disclosure Practices Case
FLEETCOR Agrees to Comply With Court Ruling in FTC Disclosure Practices Case
June 11, 2023  |  Regulation

Payments company FLEETCOR says it has closed out a four-year legal battle with the FTC. The company announced Friday (June 9) that it had received a court order...

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UK Regulator Fines Barclays $10.3M for Violating Card-Fee Rules
UK Regulator Fines Barclays $10.3M for Violating Card-Fee Rules
December 02, 2022  |  Bank Regulation

The U.K.’s payments regulator has fined Barclays 8.4 million pounds ($10.26 million). In a Thursday (Dec. 1) press release, the Payment Systems Regulator (PSR) said...

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