Bank Card Associations Archives - Prismpay Payment Gateway

Card Association Battles Around the Globe

Posted on December 12, 2008May 6, 20211 Comment

It seems as though anytime a company gets large enough, there will always be people who feel it is unfair and begin to wage war on what they don’t know. I have talked about Visa and MasterCard having to pay large settlements to Discover after a long anti-trust battle. Although Visa lost that battle, the war on […]

How Rising Interchange Rates Can Affect Your Business

Posted on September 8, 2008May 6, 20211 Comment

Interchange Rates There are many third-party processors out there that benefit when the Bank Card Associations, Visa and MasterCard, raise their rates. They look at this as an opportunity to make an additional profit from their merchants. Merchant services providers get to decide how they will pass the various increases and decreases through to the […]