Payments Dive

MARCH 15, 2023

As bank card issuers faltered this past weekend, the card networks monitored payments closely, Visa and Mastercard executives said at a conference.

Visa 167

Visa Card Issuer Issuers Bank Card 167

Payments Dive

JULY 22, 2024

Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

Card Issuer 158

Card Issuer Cybersecurity Visa Issuers 158

Payment Savvy

AUGUST 3, 2023

When you run any BIN number through a checking system, you end up with accurate information about the geolocation, card issuer, and card type. Since online banking systems have become more popular and virtual cards have become a norm, BIN numbers aren’t necessarily bank-issued.

Issuers 98

Issuers Card Issuer Processors Credit Cards 98

Payment Savvy

JANUARY 11, 2023

If you are one of the ten million-plus American businesses with a merchant processing credit card account, the chances are you are aware of an industry term known as interchange. Each new credit card transaction is assigned to what is known as a target interchange category. What Is Downgrading a Credit Card. What Is a Bucket?

Credit Cards 98

Credit Cards Card Issuer Issuers Processors 98

Clearly Payments

NOVEMBER 13, 2024

The role of the BIN extends beyond simply identifying the card issuer; it affects various aspects of the payment process: Transaction Routing : When a customer makes a purchase using a card, the payment processor uses the BIN to route the transaction to the right financial institution. Why is the BIN Important in Payments?

Process 76

Process Processors Payments Compliance 76

PYMNTS

DECEMBER 3, 2019

Small Business Credit Card Satisfaction Study, businesses are twice as likely as consumers to switch credit card brands, with many small businesses serving “relatively low” scores for issuers’ rewards, benefits and services. But they may have a blind spot when it comes to the product itself,” said J.D.

Commercial Card 40

Commercial Card Credit Cards Payment APIs and Integration Card Issuer 40

CB Insights

DECEMBER 4, 2019

Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101