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1: New Visa, MasterCard Fees Stir Debate Within Industry
Visa and MasterCard are courting controversy by adding new fees, specifically a new acquirer licensing fee from MasterCard and a new fixed acquirer network fee (FANF) from Visa. Visa card-accepting ph..
2: E-Commerce Sales Rocket 16 Percent in 2011
U.S. e-commerce sales climbed 16.1 percent to total $194.3 billion in 2011, compared to $167.3 billion in 2010, according to Commerce Department estimates. The data demonstrates that e-commerce is cap..
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