Tag: transaction fees

The power of SWIFT gpi: BNY Mellon’s Monika Aminiova examines the potential for the initiative to revolutionise the payments industry in bobsguide

Writing for bobsguide, BNY Mellon’s Monika Aminiova, Cash Management Business Development Manager, Treasury Services EMEA, gives a rich overview of the developments within SWIFT’s rapidly expanding global payments innovation (gpi) initiative and a perspective on its future. The initiative has already helped to transform the speed, transparency and traceability of the traditional end-to-end cross-border payments …

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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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