The debate over interchange fees, often called “swipe fees,” has intensified as the volume of card payments increases globally. Businesses are lobbying to lower them, while card issuers are pushing to maintain or raise them because such charges make up a sizable portion of their revenues,...
Interchange fees, assessed by credit card companies on merchants for credit and debit card transactions, have taken center stage. Companies are assessed these costs by financial institutions in exchange for taking the credit risk and handling these transactions. Visa and Mastercard have delayed more than...
Back before the digital-first economy became a primary force, brick-and-mortar retailers staked their claim to the curious customer on their windows. In fact, as global retail consultant Debra Templar famously told her clients: “The first impression a person is going to get of your shop...
Today in B2B payments: Finstro discusses finding the win-win scenario in B2B trade credit, and PayAlly teams with Banking Circle on cross-border B2B payments. Plus, cuBIZloan.com discusses credit unions’ business funding role, Nium acquires Ixaris and Lightspeed acquires NuORDER. Finding The Win-Win In B2B Trade...
June 24, 2021
Interchange fees, assessed by credit card companies on merchants for credit and debit card transactions, have taken center stage. Companies are assessed these costs by financial institutions in exchange for taking the credit risk and handling these transactions. Visa and Mastercard have delayed more than $1 billion in higher fees until next year. One solution […]
June 24, 2021
Back before the digital-first economy became a primary force, brick-and-mortar retailers staked their claim to the curious customer on their windows. In fact, as global retail consultant Debra Templar famously...
May 23, 2024
Open payments platform Spreedly has launched a partnership with B2B commerce company NuORDER by Lightspeed. The partnership is designed to leverage “advanced payments vaulting solutions” to secure customer data during wholesale transactions, according to a Wednesday (May 22) blog post. NuORDER’s B2B platform powers wholesale buying and selling, letting brands create a wholesale website where retail buyers can […]