Interchange Rates news and trends

Report: Visa Eyes Biggest Interchange Fee Revamp In A Decade
VISA // February 04, 2020

Visa is proposing to change its interchange rates — commonly known as swipe fees — in ways that would vary according to transactions and merchant classification. The changes, reported by Bloomberg, outlined in a document sent by the payments giant to banks, would be the...

Commercial Cards Take The Global B2B Payments Stage
B2B Payments // August 21, 2019

Commercial card products can help companies kill the check, making transactions faster across borders.  Boost Payment Solutions CEO Dean M. Leavitt tells Karen Webster that the key to getting companies on board with B2B payments done across cards is to lower the cost of acceptance...

Revolution Payments Tackles Biz Card Fees With Level 3 Data
B2B Payments // April 08, 2019

Revolution Payments announced its Level 3 Processing solution that can help businesses reduce the interchange cost of accepting commercial or government credit cards by 1 percent to 1.5 percent. Founded 24 years ago, Revolution is focused on delivering reliable and secure payment solutions for clients, including Ramada, Holiday...

Boost Launches Dynamic Interchange Rates To Push B2B Card Acceptance
Payments Innovation // October 16, 2018

Card acceptance is relatively low in B2B as suppliers balk at interchange fees. Boost Payment Solutions is rolling out Dynamic Boost, to make interchange fees flexible, based on speedy invoice payments. AP spend management via credit cards becomes economically attractive for both buyers and sellers,...

Interviews & Exclusives
Rejected: Judge Nixes $30 Billion Swipe Fee Settlement

June 25, 2024
Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. And what comes next is almost certain to be more legal wrangling. On Tuesday (June 25), U.S. District Judge Margo Brodie — having set expectations during a hearing earlier this month […]

Commercial Cards Take The Global B2B Payments Stage

August 21, 2019
Commercial card products can help companies kill the check, making transactions faster across borders.  Boost Payment Solutions CEO Dean M. Leavitt tells Karen Webster that the key to getting companies...

Boost Launches Dynamic Interchange Rates To Push B2B Card Acceptance

October 16, 2018
Card acceptance is relatively low in B2B as suppliers balk at interchange fees. Boost Payment Solutions is rolling out Dynamic Boost, to make interchange fees flexible, based on speedy invoice...

Quick Reads
Report: Visa Eyes Biggest Interchange Fee Revamp In A Decade

February 04, 2020
Visa is proposing to change its interchange rates — commonly known as swipe fees — in ways that would vary according to transactions and merchant classification. The changes, reported by Bloomberg, outlined in a document sent by the payments giant to banks, would be the most sweeping structural change in a decade. The rates refer […]