Author Nick: EdwardQuinton
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Visa and MasterCard are courting controversy by adding new fees, specifically a new acquirer licensing fee from MasterCard and a new fixed acquirer network fee (FANF) from Visa. Visa card-accepting physical retailers will be assessed a FANF for each location, effective April 1, and the fee will increase according to the number of outlets. The [...]
Online shopping research has evidently suggested that web-site proprietors who accept credit cards invariably boost their revenue by up to 50% and internet web sites that market high priced goods have noticed increases of up to 400 percent. Although you’ll find numerous advantages from being in the position to take bank cards on the internet, [...]
FBI warns banks of new cyber threat A new year brought a new Internet security threat with it, according to recent FBI warnings. The new threat is a phishing scheme dubbed “Gameover” that attempts to get people, often in financial institutions, to open fake emails purportedly from NACHA – the Electronic Payments Association. Once the [...]