Merchant Cards Processing
Time to Benefit From The Recent Regulatory Changes!
In the United States, EMV is becoming a reality, but merchant card fees & processing remain obscure.
In Europe, the adoption of the Single Euro Payments Area (SEPA) has paved the way for restructuring merchant card relations within treasury departments, leading to significant savings in the processing of card transactions.
As well as ensuring that lower interchange fees are effectively passed on, other opportunities are available to merchants to further lower their electronic banking charges.
The “on us” system optimizes payment of the multilateral interchange fee for some transactions.
Additional POS earnings can be generated by incorporating a dynamic currency conversion into the card payment process.
Finally, an increasing number of projects are being launched to centralize receipts in a wider geographical area, boosted by the development of common electronic banking standards at a Europe-wide level.