Blog Archives

29
Mar
Durbin Amendment  ·  Litigation  ·  Visa
Visa faces U.S. probe over its debit-card routing practices

“The U.S. Department of Justice has informed Visa of its plans to open an investigation into Visa’s U.S. debit practices” and is cooperating with the department, the company said in a regulatory filing on March 19th. “We believe Visa’s U.S.

by FiNet

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26
Mar
Retail Trends
Retailers find new value in old locations

It’s been more than 100 years since Mark Twain said “reports of my death have been greatly exaggerated” – and yet today, that famed quip is in some ways relevant to those who have been eulogizing malls and other traditional

by FiNet

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25
Mar
Chargebacks
Decoding the 2021 Visa chargeback rule updates

For card-not-present merchants, familiarity with the chargeback process and its guidelines is a necessary part of accepting payments online, over the phone, or via mobile app. While merchants might argue the rules are tilted in consumers’ favor, the process was

by FiNet

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24
Mar
Contactless Payments
Contactless payments are far more than just sanitary

There are more reasons to love contactless payments beyond the convenience that it offers consumers as a result of the pandemic. One reason is the extra layers of cybersecurity and fraud controls provided to the customer and the businesses accepting

by FiNet

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23
Mar
Covid-19  ·  Studies
Even post-pandemic, consumers embrace a digital-first world

It all started a year ago. Remember? There came a scary event that’s changed nearly everything about how we live, work, play — and pay for the pleasure. PYMNTS has tracked the destructive path of COVID through the business world,

by FiNet

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01
Sep
Covid-19  ·  Technology
Covid-19: The digital acceleration it caused that no one saw coming

To suggest that COVID-19 has transformed the future of business would be too obvious. But, in certain industries like retail, it is hard to fathom just how much change the pandemic has ignited. The crisis has expedited society further into

by FiNet

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19
Jun
Contactless Payments  ·  Digital Payments
Mastercard survey shows global surge in digital payments

Mastercard Inc. released a study showing consumers worldwide are using contactless and other digital payments at record levels and moving away from cash due to concerns about COVID-19. The Mastercard research shows that nearly seven in 10 consumers globally expect

by FiNet

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18
Jun
Covid-19  ·  Economic Forecasts
COVID-19 – What a Difference Eight Weeks Makes

A report from The Strawhecker Group In early April, TSG published commentary on the impact of the COVID-19 crisis on merchant acquirers. Two months ago, we were seeing a dramatic and overwhelming financial crisis unfolding as the vast majority of U.S. merchant

by FiNet

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03
Jun
Covid-19  ·  Payment Trends
Measuring COVID-19’s Impact On Consumers’ Payment Preferences

The COVID-19 pandemic and safety measures taken to slow the virus’s spread have overturned consumers’ daily lives, including what they are buying and which payment methods they are using to transact. Households stocked up on necessary items to reduce how

by FiNet

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28
May
Covid-19  ·  Economic Forecasts
Report: April saw massive decline in card volume; Ohio fares best for faster recovery

A new report released by The Strawhecker Group, the world’s largest analytics and consulting firm focused on the payments acceptance industry, revealed the economic toll faced by small businesses throughout the month of April as a result of the COVID-19

by FiNet

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