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Category Archives: Interchange
In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation
If you are a merchant that has accepted Visa and MasterCard credit cards for a reasonable time, are you aware that you may soon be entitled to significant reimbursement of interchange fees? On October 19, 2012, a Definitive Class Settlement … Continue reading
Posted in Interchange
Tagged b2b card payments, b2b payments, electronic payments, electronic payments b2b
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UPDATED LEVEL III DATA ENTRY REQUIREMENTS
Visa and MasterCard now require Level III data entry for all corporate card types, including corporate, purchase, procurement, and fleet cards. Accounts receivable departments can retain 1% of the total amount of invoices paid with corporate charge cards, simply by … Continue reading