Payments are relational to such a degree that a small change to one payment type can reverberate across several others, having a profound effect on the financial results for issuers and acquirers and the way consumers pay.
Boston, MA (PRWEB) March 30, 2017
Debit cards continue to hold their place as one of the most used payment forms in the United States. Debit transaction volumes continue to grow despite the product’s maturity. Behind the exterior of steady, continued growth is a fight for control of debit transactions that is occurring between the global networks and electronic funds transfer (EFT) debit networks, issuers, and merchant acquirers.
A new ForeSight report from Mercator Advisory Group, A More Competitive Debit Network Battlefield, provides an understanding of the current debit card transaction market and the ways in which merchants are using their legal right and technical ability to optimize routing choice to their benefit, sometimes to the detriment of issuers and cardholders.
Download this complimentary ForeSight report, A More Competitive Debit Network Battlefield, for free.
“Payments are relational to such a degree that a small change to one payment type can reverberate across several others, having a profound effect on the financial results for issuers and acquirers and the way consumers pay,” commented Sarah Grotta, Director, Debit Advisory Service at Mercator Advisory Group and author of the report.
Highlights of the ForeSight report include:
- Debit transactions types and their financial impact to the payment industry four-party system.
- Discussion of the evolving regulatory environment that has led to shifts in transaction routing.
- Potential outcome in the marketplace if the Durbin Amendment of the Dodd-Frank Wall Street Reform and Consumer Protection Act is repealed
This report has 8 pages and 1 exhibit.
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About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.