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The Official Merchant
Services Blog
The Official Merchant Services Blog
Groupon Going For Mobile Payments
Today we enter the realm of mobile payments again for this edition of the Official Merchant Services Blog, as we look at the newest company to enter the already crowded playing fie...
Read MoreAmEx To Refund $85 Million To Customers
For this edition of the Official Merchant Services Blog, we take a look at yet another case of troubling consumer card practices. Last week, we covered the news that Discover had...
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Durbin Double Down [2023 Update]
In this installment of the Official Merchant Services Blog, we look at the actions several retail trade groups and merchant advocates have taken to further the fight against the an...
Read MoreIndustry Terms: Basis Points
This is the latest installment in The Official Merchant Services Blog's Knowledge Base effort. Well we want to make the payment processing industry's terms and buzzwords clear. ...
Read MoreDiscover To Pay $200 Million For Deceptive Practices
Today the Official Merchant Services Blog will investigate the more than $200 million dollar fine that the U.S. Government issued on Discover Bank. The Federal Deposit Insurance C...
Read MoreBank of America Cutting Jobs
The Wall Street Journal, citing a document they obtained on September 20, revealed Bank of America has plans to cut 16,000 jobs by the end of the year. This move is not exactly su...
Read MoreIndustry Terms: Visa International Service Assessment (ISA)
This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. We want to make the payment processing industry’s terms and buzzwords clear. W...
Read Moreindustry terms: MasterCard cross border fee
This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. We want to make the payment processing industry’s terms and buzzwords clear. W...
Read MoreNRF Opposes Interchange Settlement
It’s been a little while since the Official Merchant Services Blog touched on the increasingly sensitive topic of the Credit Card Interchange Settlement. We first talked about th...
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