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3 mins read
Here are the credit card networks and payment networks you need to know
Visa remains the king of the mountain in the card network industry. Visa posted $2.1 trillion in to…
Andrew Meola
1 min read
RBI asks card network to restrain unauthorised commercial payment system
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable …
ANI
2 mins read
RBI directs card issuers to offer choice among card networks, bans restrictive agreements
According to a press release, the central bank prohibited card issuers from entering into agreement…
ANI
3 mins read
Card networks are encouraging contactless payments worldwide
UnionPay is partnering with banks to issue thousands of contactless cards. The China-based card net…
Daniel Keyes
5 mins read
US card networks are going to raise interchange fees in April
Meanwhile, in Europe, interchange regulations are tightening in favor of merchants and consumers.&#…
Rachel Green
3 mins read
Rival credit card networks are working together on 'click-to-pay' checkouts that will compete with Apple Pay and PayPal
"This inflection point we're in is really the same inflection point we were in 50 years ago," Kirkp…
Shannen Balogh
2 mins read
SoFi dumps Visa and makes Mastercard its exclusive partner as it gears up to add a credit card alongside its debit card
SoFi was founded as a student loan refinancing platform, and has since broadened its credit and ref…
Shannen Balogh
2 mins read
Here's What The Numbers On Your Credit Card Really Mean
Every card, no matter the network or bank, must be in agreement with the "Luhn System," which deter…
Allan Smith
3 mins read
The Rollout Of Credit Cards With Embedded Microchips Will Be Costly, But It's Also A Huge Business Opportunity
In a new report from BI Intelligence, we look at why the big credit card networks, Visa and MasterC…
John Heggestuen
3 mins read
New Payments Startups Face An Uphill Battle To Disrupt The Massive, Entrenched Credit-Card Processing Industry
In a new report from BI Intelligence, we look at the complicated series of interactions among diffe…
John Heggestuen
1 min read
RBI Rs 500 cr fund to promote digital payments in small towns, NE states
Beginning June 3, the RBI has started publishing data on volume and value of transactions undertak…
PTI
3 mins read
Here Are The 5 Main Players That Make Up The Fractured, Complex Credit Card-Processing Ecosystem
In a new explainer, BI Intelligence offers a high-level look at the payments industry - how it func…
John Heggestuen
2 mins read
The Justice Department is reportedly investigating whether Visa's debit-card business is anticompetitive
The DOJ is looking into whether the company has kept merchants from routing debit-card transactions…
Natasha Dailey
3 mins read
Here's What Will Change When The US Switches Over To The New EMV Chip On Credit Cards
In a new report from BI Intelligence, we look at what the EMV standard is, how much it will cost to…