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The average interchange rate in the US has increased by 22% in ten years, yet total actual fees charged to merchants, including interchange, have only increased by 11%. Acquirers appear to have swallowed a large portion of the increased interchange by lowering their own transaction fees, presumably in response to merchant pressure. It’s tough being on the front lines. But this is only part of the story. Some acquirers have managed to work their way around the problem.
See the full blog post here:
http://aneace.blogspot.com/2008/03/acquiring-margins-are-squeezed-yet.html
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Anoop Melethil Head of Marketing at Maveric Systems
12 March
Alex Kreger Founder & CEO at UXDA
Jamel Derdour CMO at Transact365 - www.transact365.io
10 March
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
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