Recently, credit card companies reduced the maximum processing fee surcharge required from 4% to 3%, which has had a significant impact on the industry overall. This has resulted in a number of challenges for businesses, one of which is the potential fines for non-compliance.
In this episode, our host, Tim Ahlenius, and Americaneagle.com payments expert Joe Campagna discuss explore the latest trends and changes in the world of payments and processing. They discuss the shift in surcharges by major credit card brands, such as Visa and Mastercard, and how it has impacted prices for both businesses and consumers alike. They also discuss other recent changes in the industry including the spin-off of Fidelity National Information Systems and the challenges faced by Worldpay due to its patchwork of past mergers.
Start listening on Apple Podcasts, Spotify, or wherever you get your podcasts. You can also watch the episode taped in the Americaneagle.com Studios on YouTube.
Connect with:
- Lessons for Tomorrow: Website // Twitter // Instagram // Facebook // YouTube
- Tim Ahlenius: LinkedIn // Twitter
- Joe Campagna: LinkedIn
This podcast is brought to you by Americaneagle.com Studios.
About: The Lessons for Tomorrow podcast is centered around conversations between industry experts sharing insights from the past, to apply in the present, to achieve success in the future. This podcast is the "motivational poster" in your ear; each episode is centered around conversations which motivate you to tackle new initiatives at your organization. We will be talking with some of the best and brightest minds in technology and marketing and will hear from the experts themselves about their latest experiences, their most recent challenges and the road ahead. Every episode has a different story, a different answer, a different approach.
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