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Visa, Mastercard say CrowdStrike didn’t impact networks

Payments Dive

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

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Visa, Mastercard depict bank failure impact

Payments Dive

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

Visa 167
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BIN Checker: Understanding Bank Identification Numbers

Payment Savvy

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.

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Downgrading Credit Card

Payment Savvy

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?

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Corporate Cards’ Collaborative Approach To SMB Adoption

PYMNTS

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.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

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.