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Manchester

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2014

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Cardswitcher.co.uk

Stephen Hart

CEO & Founder at Cardswitcher.co.uk

Message Posts: 0 Comments: 7

Bio Cardswitcher is the only price comparison website in the UK for merchant services and card processing. We provide instant automated quotes no waiting or callback. Career History Cardswitcher was founded in 2013 and previously I was the Chief Financial Officer of the WorldPay Group.

Stephen is Commenting on

Zapp to use behavioural fraud tech to protect mobile users

Is there any chargeback protection for users of Zapp yet ?

02 Sep 2015 Reply Read article

CFOs: It’s Time to Say Goodbye to the Spreadsheet

good point Paul. I agree, both are needed.

28 Aug 2015 Reply Read article

EU Parliament approves interchange fee caps

Yes Nigel, many retailers/SME 's have seen their visa debit rates increase. Some are now paying MSC of up to 0.9% whilst their acquirers have interchange costs of only 0.2% (+1p). What's happening is that because interchange on credit cards is being slashed, acquirers know this will expose their premium margins which will have to come under pressure and they are seeking to prop up profits by increasing margins on debit cards.

13 Mar 2015 Reply Read article

EU Parliament approves interchange fee caps

The group with most to benefit are acquirers. Recent events in UK re Visa debit rates demonstrate that lower interchange doesn't automatically translate to lower Merchant Service Charges because acquirers use it as an opportunity to drive more margin from businesses on "blended pricing". Same thing happened in US re the Durbin Act debit caps - acquirers pocketed the profit. Benefits to merchants on blended pricing will be drawn out over a prolonged period.

10 Mar 2015 Reply Read article