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Payments might be the most dynamic corner of the banking world today. TowerGroup estimates that the volume of online bill payments will reach 3.87 billion transactions by 2012. This group is dedicated to explore all payments trends, online and off.
February 22
Unlocking the entrepreneurial power of America's Small Mid-Sized Enterprises (SME) is understood to be the key to economic revitalization. We'll look at strategies to empower and capitalize SMEs.
February 19
At First American Payment Systems we partner with banks to provide merchant services. Our programs are developed to fit your needs and help grow your merchant services portfolio with customized marketing. Additionally, we do all the work on our end…
February 18
Opportunities for Banks to partner with service providers to generate new sources of revenue.
February 18
Brittany Randel and Brian Palm are now friends
January 18
Luke Owen and Brittany Randel are now friends
November 30, 2009
Brittany Randel and Brandon are now friends
November 20, 2009
Brittany Randel and Michael Hanna are now friends
November 16, 2009
There's always a degree of banking M&A taking place, but the pace of deals appears to be heightening as bank failures accelerate. We'll watch the dealmaking in this group.
October 29, 2009
Brittany Randel updated their profile
September 24, 2009
Brittany Randel and Jada Brazell are now friends
September 24, 2009
Brittany Randel updated their profile photo
September 24, 2009
A blog post by Brittany Randel was featured
As with most technological services, there is a cost to accepting credit and debit cards. Part of this cost is known as the interchange fee. Interchange fees are the fees that an acquiring bank pays an issuing bank to process credit or debit transac…
September 23, 2009
Brittany Randel added a blog post
As with most technological services, there is a cost to accepting credit and debit cards. Part of this cost is known as the interchange fee. Interchange fees are the fees that an acquiring bank pays an issuing bank to process credit or debit transac…
September 23, 2009
Very interesting blog. I will be sure to follow Citigroup more closely to find out what happens next.
September 23, 2009
Brittany Randel is now a member of BankInnovation.net
September 23, 2009

Profile Information

Corporate Title
Marketing Specialist
Company
First American Payment Systems
City, ST
Fort Worth, TX

Brittany Randel's Blog

Brittany Randel

Bank Interchange Fees

As with most technological services, there is a cost to accepting credit and debit cards. Part of this cost is known as the interchange fee. Interchange fees are the fees that an acquiring bank pays an issuing bank to process credit or debit transactions.

An acquiring bank is a merchant account provider (First American Payment Systems) that processes and charges for the credit card transactions. An issuing bank (Bank of America) is a company that distributes credit cards and collects interchang… Continue

Posted on September 23, 2009 at 10:40am —

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