Payments Processing in the News

Stay up-to-date on the latest industry news and advances in abolishing unfair credit and debit card processing practices.

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02/03/2012 MasterCard Sees Durbin Gains But Draws the Line at Credit Card Interchange Cuts

MasterCard Inc. posted strong debit card growth in 2011's fourth quarter, and the No. 2 card network’s top executive told analysts recently that MasterCard is picking up some new business because of the Durbin Amendment.

01/25/2012 Web Merchants See Fraudulent-Order Rate Fall

Online merchants made some progress last year against fraud, but the fight is becoming more and more expensive for them in terms of both dollar losses and operational costs, according to a report issued on Tuesday.

01/18/2012 Protests Might Remove Acquirers From the Online Piracy Fray

The Internet revolt over bills in the U.S. House and Senate aimed at thwarting online piracy might have a welcome side effect for merchant acquirers in possibly getting them out of an unwanted role as deputies charged with enforcing public policy.

01/09/2012 Acquirers, Small Merchants See More Risk-Reduction Value in PCI, Survey Shows

The 7-year-old Payment Card Industry data-security standard (PCI) is proving its effectiveness in preventing data breaches among small merchants, according to a survey of payments-industry acquirers set to be released next week.