Visa Report Highlights Scams Proliferating in 2024
Visa has published the Biannual Threats Report for Fall 2023. It highlights emerging frauds and scams that threaten the economy on a global scale. The report suggests a significant increase...
eCommerce Security for Payment Gateways: Ensuring Safe Transactions
eCommerce is thriving, allowing you to make more money from your online store. However, always stay on top of your payment security to keep your transactions safe from unauthorized access,...
Retail Sales Projected to Top $5.23 Trillion in 2024
Despite the loom of recession in 2023, the year turned out to be unexpectedly better for all retailers across the US. In the forecasted recession, which never materialized, consumers remained...
Visa and MasterCard Reach Agreement to Put a Cap on Swipe Fees in a Settlement
March 26th marked a significant day for the merchants as Visa and MasterCard reached a landmark agreement involving nearly a $30 billion settlement. This settlement aims to significantly lower merchants’...
Nuvei Acquisition: Advent Set to Purchase Fintech Backed by Ryan Reynolds for $6.3 Billion
Advent International has acquired Nuvei to take it private. The Nuvei acquisition news came just two weeks after the announcement Nuvei was forming a team to evaluate advanced buyout transactions...
DOJ Alleges Apple Pay Inhibits Competition
Big corporations like Facebook, Google, TikTok, and Apple were largely able to avoid government oversight for many years, trying to create monopolies in the industries. However, looking at the recent...
Blockchain And Crypto Trends For 2024
Cryptocurrencies are virtual currencies that rely on blockchain technologies to secure and track transactions. Several companies’ innovative use of blockchain technology has propelled this industry into the forefront of modern...
CVS Closing Some Pharmacies Inside Target Stores
CVS is set to close numerous pharmacies situated within Target stores at the beginning of 2024, according to a statement from a company representative. These closures reflect the challenges that...
Tuesday Morning Going Out of Business
Tuesday Morning has sadly closed its doors for good, marking the end of an era for the home goods retailer. Following the announcement on Facebook and its website last year,...
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The Official Merchant Services Blog
The Official Merchant Services blog is your definitive source for the latest happenings in the merchant services and credit card processing industry. This is an authoritative resource for merchants, small businesses, entrepreneurs, ISO's, merchant services agents, and payments professionals. Get the latest merchant services news along with strategies, tips, and tricks for entrepreneurs to differentiate and excel.