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Blog

Visa and Routing to Debit Networks

Today’s article in DigitalTransactions.net (Visa Modifies Its Controversial EMV Debit Card Transaction-Routing Policies) is another eye opener about the power Visa wields in transaction processing. But Visa’s size and cash should not be used by Visa to impose wrong policies

Alex Nouri November 28, 2016June 29, 2017 Visa No Comments Read more

Surcharging and Fraud

The New Battle: Surcharging Fraud I have witnessed a new type of fraud by unscrupulous salespeople, their ISOs, and a few leasing companies recently. This fraud stems from the abuse of rules on surcharging implemented by Visa and MasterCard in

Alex Nouri November 18, 2016June 1, 2018 Surcharging and fraud No Comments Read more

Merchant Processing Contract

Merchant Contract Transparency Should be the Norm Merchant contract terms and conditions should be clear. This is an article I wrote for merchants. What prompted me to write it is noticing the inadequacy of a number of merchant agreements I

Alex Nouri November 18, 2016July 29, 2017 Processing contracts No Comments Read more

Locked Devices

Locking Credit Card Processing Terminals is Wrong and Should be Deemed Illegal I’ve witnessed a disturbing trend since late 2015. Credit card processing devices sold by PAX, Ingenico, and Verifone now allow their devices to be locked by processors. This

Alex Nouri November 3, 2016July 29, 2017 Locked devices 4 Comments Read more

Visa Settlement Overturned

Visa and MasterCard Settlement Overturned On Thursday June 30, 2016, in one of the most significant court decisions, the U.S. Court of Appeals for the Second Circuit reversed the approval the federal district court in Brooklyn, N.Y., had granted in

Alex Nouri July 1, 2016July 29, 2017 Legal No Comments Read more
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