Tag: merchants

CMSpi features in Payments (R)evolution

The ecommerce landscape is evolving at a rapid rate, and a growing number of third party payment providers are entering the space, vying to compete in this thriving sector. In a special collaborative magazine from bobsguide and PaymentEye – “Payments (R)evolution” – Steve Glover, Head of Analysis at CMS Payments Intelligence (CMSpi), discusses how changes being enforced …

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CMSpi examines the challenging card transaction fee landscape in Finance Digest

The implementation of the interchange fee regulation (IFR) in December 2015, which caps debit and credit card interchange fees at 0.2% and 0.3% of the transaction value respectively, could save UK merchants an average of 25% per annum on existing credit and debit card transaction fees, according to CMSpi estimations. Yet while this points to …

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Why retailers may miss out on the benefits of interchange fee caps: CMSpi in A1 Retail

The recent introduction of interchange fee caps on card transactions has been welcomed by retailers, with CMSpi estimating that UK merchants could save up to £650 million per annum as a result. Yet despite the huge potential benefits on offer, there is the possibility that acquirers may withhold some of the savings, leaving retailers without …

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The price of polymer: CMSpi’s Elley Frost discusses how retailers can prepare for the move to plastic money in Let’s Talk Payments

The transition from paper to polymer banknotes is soon to begin – with massive repercussions for retailers. Importantly, recalibration of equipment – including ATMs, self-service checkouts, vending machines and gaming machines – will be required in order to ensure these machines are “polymer ready”. In Let’s Talk Payments, Elley Frost, Managing Director of CMS Payments …

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CMSpi: Huge savings generated by interchange fee caps may not be passed on to retailers

European Interchange Fee Regulation (IFR), which came into force in early December 2015 and caps interchange fees on card transactions, stands to bring huge savings for many merchants. In fact, payments experts CMSpi calculates that merchants could save an average of 25% on existing credit and debit card transaction fees – amounting to £650 million …

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CMSpi discusses the impact of interchange fee regulation on retailers in GTNews

Merchants across Europe stand to receive €4.2 billion of annual savings following the introduction of interchange fee regulation (IFR) caps, which have seen fees being capped at 0.2% of the transaction value for debit cards and 0.3% for credit cards. This equates to an average saving of nearly 50% on previous fees. Yet due to …

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CMSpi examines the impact of new coins and banknotes on the gaming industry in Gambling Insider

Polymer banknotes are set to have huge implications for merchants. Yet, with the switch to polymer growing ever-closer (the £5 note is due to be launched in the second half of 2016), many retailers are unaware of the massive costs and disruption they face. Indeed, CMSpi calculates that the total cost to UK businesses will …

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CMSpi’s Alistair Combes features as the guest columnist in Gambling Insider

Interchange fee regulation (IFR), which aims to introduce fairer fees for merchants, is set to come into force in December 2015. Yet CMSpi has learned that Visa plans to maintain its current debit card interchange fees in the UK after the IFR’s implementation. In Gambling Insider‘s GI Friday magazine, Alistair Combes, Director of Knowledge at CMSpi, …

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CMSpi in Treasury Insider: significant change could be on the cards for European merchants

  Visa Inc. is reported to be in talks to buy its counterpart, Visa Europe – a move that could create a potential setback for merchants in the fight against fees. In Treasury Insider, Alistair Combes, Director of Knowledge, CMS Payments Intelligence (CMSpi) explains how profit-driven Visa Inc. could use the new interchange regulation as a …

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CMSpi report reveals half of UK merchants are yet to explore m-payments

A new survey by CMS Payments Intelligence (CMSpi) has highlighted that fewer than 50% of merchants are exploring mobile solutions, indicating that consumer enthusiasm for mobile payments hasn’t yet been matched at the merchant level. This is primarily due to concerns regarding security, speed of processing and cost. Brendan Doyle, CEO of CMSpi, said: “Despite …

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