The purpose of the Durbin Amendment was to lower merchants’ costs of accepting debit cards for customer payments. Up to now, because of technology limitations, online merchants were not provided lower ...

TROY, Mich.--(BUSINESS WIRE)--Small business owners are optimistic about the future, with 88% indicating the financial state of their individual businesses is about the same or better off than a year ...

• Business: ATM, credit card or check processing equipment; transaction processing Chances are U.S. Alliance Group Inc. could be behind your ATM, credit card or check transaction. “If you write a ...

Debit card issuers have nine months to ensure all transactions made with their cards — including card-not-present payments — can be processed by at least two unaffiliated networks. Processing Content ...

This article appears in the Feb. 5, 2009, edition of ISO&Agent Weekly. Merchant efforts to steer shoppers to use personal identification numbers instead of signatures when paying with debit cards may ...

FMI-The Food Industry Association (FMI) and the National Retail Federation (NRF) lauded the Federal Reserve Board’s updated rule regarding online debit-card transactions. The Fed announced late ...

As more consumers ditch cash and in-store shopping, setting up online payments is not just a smart business strategy — it’s a necessary one. It allows your business to make money around the clock, ...

Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.