Tuesday, July 1, 2014

Best Reading of the Day - Entry 0129 Payments

This is the best reading I've found this week and shouldn't be missed if you are in retail and payments.

http://www.pymnts.com/news/acquiring/2014/merchant-surcharging

Here is a snippet from the piece:

Recent changes in U.S. law and lawsuit settlements have removed network bans on offering price discounts and other incentives designed to help merchants steer customers to less costly payment alternatives. However, only a small fraction of transactions receive a cash or debit card discount, and even fewer are subject to credit card surcharges, new research suggests.

Happy Reading,

J.W. Gant

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