Behind Wal-Mart Backing EMV
A lot of discussion has been going on about EMV in the U.S. And, much like any payments related product or technology, it relies on someone making the first move. Wal-Mart has decided to be that [...]
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Durbin Amendment is Misguided
In the evening of May 13, 2010, a shock wave went through the payments industry. The Senate overwhelmingly passed a bill that, at first blush, enables regulation of Debit Card fees – both [...]
Is it time for more complex Interchange?
The price for using that card… it’s simple. It’s just 80 basis points of the purchase price plus 17¢. Unless it’s for gas, where the 17¢ becomes 13¢. Or it’s a [...]
