Tag: retailers

Santander explores Chile’s retail sector as featured in Retail Week

With steady economic growth, rising incomes and an expanding middle class, Chile presents a range of vibrant and exciting retail investment opportunities. In a recent article for Retail Week, Santander’s Latin America Desk Head, Mauricio Munguia, explores the opportunities the country presents to UK retailers. With many Chileans working their way up the social and …

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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 highlights how merchants must remain savvy to benefit from card transaction fee caps in bobsguide

  The introduction of the European Interchange Fee Regulation (IFR) in 2015 signalled fairer interchange fees on debit and credit payments for merchants. Yet, with instances of acquirers failing to pass on savings, and introducing new fees in attempts to claw back lost revenue, it appears that merchants have an uphill struggle when it comes …

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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 in Retail Week on the impact of switching to polymer banknotes

CMSpi estimates that the cost of handling cash for retailers will jump 50% within the next five years, with a combination of factors – including growing interest rates, the living wage and the migration to polymer banknotes – set to impact businesses. CMSpi’s CEO Brendan Doyle spoke to Retail Week about the challenges ahead. To …

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CMSpi’s Elley Frost discusses the impact of polymer banknotes on merchants in A1 Retail

The migration to polymer banknotes – the biggest shake-up of the UK’s currency since decimalisation – is growing ever-closer. The £5 note is the first to get the plastic treatment, due to launch during the second half of 2016, with the £10 following in 2017 and the £20 by 2020. In A1 Retail, Elley Frost, …

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