Posts Tagged ‘interchange’
What is Interchange, and What Does it Mean to Payment Facilitators?
Increased revenue is often cited as one of the benefits of becoming a payment facilitator. And it’s true that the ability to charge merchants payment processing fees offers PFs a new revenue stream. But it’s important to note that the entire payment fee does not go directly into the PF’s pocket.Read More
PayPal, Visa, Mastercard Announce COVID-19 Measures to Help Small Businesses
With businesses everywhere reeling from the impacts of the spread of the coronavirus, major payments industry players are stepping up to soften the blow.Read More
PFs Weigh in on India’s Latest Attempts to Boost Digital Transactions
As the government of India has pursued its vision of a cashless society, it has adopted policies intended to help stakeholders shift to digital payments. Most recently, it’s been tinkering with the economics of digital transactions, looking for that elusive sweet spot where the parties – retailers and banks alike – are incentivized to help drive the transition.Read More