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How card network rules help MoviePass disrupt the theater industry

Payments Source

A situation brewing in movie theaters that hinges on card network rules could have broad implications for the entertainment industry.

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Avoided.io: Revolutionising chargeback management and fraud prevention

The Payments Association

is committed to ensuring its platform complies with the latest payment industry regulations and card network rules. Ensuring compliance with industry regulations : As a member of The Payments Association, avoided.io helps businesses navigate this complex landscape with ease.

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Credit Card Surcharge Guidance: A State-by-State Overview of Surcharging Laws

Stax

Thankfully, implementing a credit card surcharge program can be particularly beneficial for small businesses to offset the cost of accepting credit card payments. However, before you start surcharging customers, you need to be aware of all the rules surrounding it. The surcharge rate cannot exceed credit card processing fees.

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Mastercard fined in Europe over merchant fees

Payments Source

The European Commission has fined Mastercard 570 million Euros, or about $648 million, over card network rules that prevented merchants from shopping for better terms at other banks in the EU.

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Forgotten or fraud? Visa rule change blurs the line

Payments Source

Under its new chargeback rules, Visa retired one of the chargeback codes that merchants almost always lost — "transaction not recognized," formerly listed as Chargeback Reason Code 75.

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Canada's transit fare plan could loosen debit card rules nationwide

Payments Source

Payments Canada is proposing to allow delayed transaction authorization to enable debit cards to be used in open-loop transit — and the change could affect far more than commuters.

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Seamless Adds The Ability To Link Bank Accounts To SEQR

PYMNTS

This is set to grow further as, in line with card network rules, no terminals without contactless technology can be sold or installed in Europe after 2018. is one of Europe’s most advanced markets for contactless payments with approximately 500,000 terminals currently active.