transaction fees

FedNow Says 2023 Fee Schedule Includes Discount on Credit Transfer Rate
FedNow Says 2023 Fee Schedule Includes Discount on Credit Transfer Rate
November 10, 2022  |  Faster Payments

The Federal Reserve has announced pricing for the FedNow Service, its instant payments system that is to be launched in the middle of 2023.  “To...

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90% Decline in Ethereum 2.0 Fees May Not Last
90% Decline in Ethereum 2.0 Fees May Not Last
November 02, 2022  |  Blockchain

The two biggest hurdles to greater use of Ethereum blockchain transactions have historically been high transaction fees and the enormous environmental cost. Alongside the merge...

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Ethereum’s Creator Says a Nickel’s Too Much to Pay for Crypto Transactions
Ethereum’s Creator Says a Nickel’s Too Much to Pay for Crypto Transactions
May 04, 2022  |  Cryptocurrency

How much is too much to pay for a crypto transaction? Five cents, according to the creator of Ethereum, the blockchain on which most cryptocurrency-based...

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Bitcoin Daily: S Korea Eyes New Crypto Income Tax; Less Network Traffic Causes Drop In Bitcoin Fees
Bitcoin Daily: S Korea Eyes New Crypto Income Tax; Less Network Traffic Causes Drop In...
May 28, 2020  |  What's Hot

Bitcoin transaction fees are simmering back down to ordinary levels after a heavy wave of them in early May, reports suggest. The transaction fees are...

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India Bankers Seek Removal Of Fees On UPI, RuPay Transactions
India Bankers Seek Removal Of Fees On UPI, RuPay Transactions
January 28, 2020  |  International

In India, call it the war of the fees. In the wake of the government’s elimination beginning this year of the merchant discount rate  —...

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Indonesia Likely To Implement Flat Rates For Digital Wallet Payments
Indonesia Likely To Implement Flat Rates For Digital Wallet Payments
January 01, 2020  |  B2B Payments

Indonesia is planning to implement flat-rate fees for certain digital wallet transactions, Reuters reported on Monday (Dec. 30), citing five sources. Fees are presently adjusted...

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Bitcoin Daily: Bitcoin Mining Startup Lands $50M From Big-Name VCs; Bitcoin Transaction Fees Have Now Exceeded $1B
Bitcoin Daily: Bitcoin Mining Startup Lands $50M From Big-Name VCs; Bitcoin Transaction Fees Have Now...
October 16, 2019  |  Bitcoin

San Francisco-based Layer1 announced that it has raised $50 million from investors including Peter Thiel, Shasta Ventures, and various crypto industry leaders. The company will...

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Higher Fees Drive LendingClub’s Earnings Beat
Higher Fees Drive LendingClub’s Earnings Beat
May 08, 2019  |  Alternative Finances

Stronger-than-expected loan originations combined with increased transaction fees to push LendingClub’s quarterly earnings report past analyst expectations when the results went live shortly after the...

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Small Firms Demand Higher Speed, Lower Costs In Global Payments
Small Firms Demand Higher Speed, Lower Costs In Global Payments
May 03, 2019  |  B2B Payments

Small businesses (SMBs) are rarely early adopters of new financial technology (FinTech). However, with business owners and entrepreneurs often taking a page out of their...

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