The Fintech Times

SEPTEMBER 27, 2024

Visa has been accused of maintaining a monopoly over debit network markets in violation of Sections 1 and 2 of the Sherman Act. In 2020, the Justice Department filed a civil antitrust lawsuit to stop Visa from acquiring Plaid , a technology company that powers fintech apps developing disruptive options for online debit payments.

Debit Network 59

Debit Network Innovation Debit Transaction Agreements 59

Clearly Payments

DECEMBER 3, 2023

GoCardless: Global bank debit network for recurring payments (International). Consider your business needs, target audience, and transaction volume when selecting the gateway that aligns best with your objectives. This includes accommodating increased transaction volumes and expanding product offerings.

Payment Gateways 105

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 105

PYMNTS

FEBRUARY 18, 2019

The funding will go to drive organic growth around the globe, build new teams in offices in EMEA, APAC and North America and provide access to businesses around the world with one unified global bank debit network for accepting subscriptions, installment and invoice payments. The way businesses collect recurring payments is broken.

Debit Network 58

Debit Network APACS Cross-Border Payments Cross-Border 58

PYMNTS

OCTOBER 7, 2020

As merchants accelerate their digitization roadmaps, the volume of data they’re able to work with increases. Routing a transaction through a different network — for example a PIN-less debit network — can in certain situations lead to a higher approval rate. Morgan Wholesale Payments, told PYMNTs.

Transactions 103

Transactions Issuers Card Issuer Authorization 103

The Paypers

JULY 24, 2020

BHMI has announced that PULSE , the nation’s debit network, is now using Concourse – Extended Settlement for its principle settlement of transactions.

Transactions 28

Transactions Volume Debit Network Settlement 28

Payment Savvy

JULY 3, 2024

Since PIN debit transactions are processed directly through debit networks (Interlink or Maestro, for example), they generally incur lower fees compared to signature debit transactions. The average fee per debit card transaction is approximately $0.44, according to the Federal Reserve.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

PYMNTS

NOVEMBER 14, 2019

FTC Probing Visa, Mastercard About Debit Card Practices. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg. Three billion credit and debit cards.

Debit Card 40

Debit Card Federal Trade Commission FTC Fed 40