By enabling two credit card networks on one card—the dual- network mandate—the bill would allow merchants to choose their least-cost option, which will organically drive down interchange fees as ...
Mastercard chief executive Michael Miebach was quick to dismiss concerns. “Cap One is a strong partner. They have been public ...
Just 22% of financial institutions currently offer full send-and-receive capabilities over the Real Time Payments network operated by The Clearing House Payments Co., while 4% offer full ...