Executive Leaders from companies including Mastercard, T-Mobile Advertising Solutions, Rakuten, Cartera, FIS, TransUnion, Cardlytics, VantageScore, Augeo, Kigo, Valuedynamx, SKUx, Wildfire, vPromos, Dejavoo, and The Coupon Bureau explored the theme “From Transactions to Commerce Experiences: Innovating the POS for Merchants and Commerce Providers” at the DCA-CardLinx Fall Summit. Leading card issuers, financial institutions, retailers, card-linked technology companies, and digital marketing technology...

[nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” button_id=”#amazon” text=”Credit Card Fees To Rise” url=”#fees” margin_left=”5px” margin_right=”5px”][nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”Walmart Delivery Options” url=”#walmart” margin_left=”5px” margin_right=”5px”][nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”Direct Payments By Discover” url=”#direct” margin_left=”5px” margin_right=”5px”][nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” button_id=”#tenants” text=”Fast Chain Offers Bitcoin” url=”#bitcoin” margin_left=”5px” margin_right=”5px”][nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”Commerce Code Podcast” url=”#podcast”...

Credit Card Fees To Rise Some large merchants may pay higher fees when they accept consumer credit cards. After postponing interchange fee increases for two years due to the pandemic, Visa and Mastercard are scheduled to up some charges in the next month. DCA Insight: Interchange fees are transparent to consumers. Paid by merchants and received by the bank that...

Digital Commerce Alliance Announces 2022 Board Members Board Includes Industry Leaders from Sam’s Club, Bank of America, Microsoft, Mastercard, VantageScore, Among Others SAN FRANCISCO (Feb. 8, 2022)—The Digital Commerce Alliance (DCA) today announced its 2022 board of directors. The global trade association, focused on commerce, card-linking, mobile wallets, and financial data, also released its slate of programming for the first half of...

DCA Member Bank of America Cuts Overdraft Fees  Bank of America will reduce overdraft fees from $35 to $10. The move by DCA member BOA was made to provide relief to customers least able to afford overdraft fees. BOA, the second-largest bank in the US, also announced it would eliminate nonsufficient-funds fees next month and transfer fees for overdraft protection...

Banks Make It Easier To Get A Credit Card  Almost 30 million credit cards were issued to people with credit scores of 660 and below in 2021, a signal that the US economy (and Americans’ finances) is strong, according to DCA member and credit reporting firm TransUnion. About 33% of banks reported easing credit standards during the fourth quarter of...

Credit Report to Include Buy Now Pay Later Info Installment plans are growing in popularity. In response, Equifax announced it will include info about pay-in-4 plans in its credit reports to provide lenders with a more complete picture of consumers’ financial commitments. DCA Insight: Increasingly, retailers offer buy-now-pay-later as a purchase incentive, giving consumers the option to make four payments...

Amazon Contributing to PayPal’s Growth PayPal’s break with eBay in 2015 continues to impact the payment player’s momentum. It’s payment volume from eBay fell 45% in the third quarter from a year earlier as eBay continues to offer additional payment options at check-out. The WSJ reports a new partnership with Amazon will pick up the slack. DCA Insight: Amazon’s addition...

More Credit Card Offers Being Made American consumers paid down their credit-card debt during the pandemic. News reports indicate banks are marketing hard to get them borrowing again. Last year credit-card profitability fell to the lowest level since 2009. DCA Insight: Banks are making moves to reverse the trend. Credit-card solicitations are arriving in consumers’ mailboxes in droves as issuers...