Merchant Industry News
Read the latest news, press releases and topics about merchant accounts and the credit card industry.
Top Merchant News Headlines
WIB endorses MoneyPass to provide surcharge-free ATM network access to members
SAN FRANCISCO and ST. PAUL, Minn (March 8, 2007) - Western Independent Bankers Service Corporation (WIB Service Corporation) and the MoneyPass® network announced today that WIB Service Corporation is endorsing MoneyPass as its "Value & Income Program" (VIP) Partner to provide surcharge-free ATM access to more than 600 community banks within WIB's 10 western states and U.S. territories. Through this endorsement, WIB member banks will be able to offer surcharge-free transactions nationwide to their customers at any MoneyPass ATMs.
AmeriMerchant offers "2nd Chance Capital Program"
New York, NY, February 16, 2007--AmeriMerchant, a leading provider of merchant cash advances, today announced the inception of the "2nd Chance Capital Program (www.2ndchancecapital.com)."
Pay By Touch teams with Global eTelecom Inc. to offer check processing solutions
Destin, Florida - February 9, 2007- Global eTelecom, Inc (GETI), announced today that Pay By Touch has chosen to offer their partners and merchants GETI's Check conversion & guarantee products. Integrating Global eTelecom's customized technology into Pay By Touch Payment Solutions' existing programs will enable merchants to accept and process paper checks electronically, thus adding increased value and efficiencies.
Merchants applaud congressional call for disclosure from credit card industry.
WASHINGTON, Jan. 25 -- The Merchants Payments Coalition (MPC) Legislative Committee Chairwoman Jennifer Hatcher today issued the following statement based on comments from Senator Christopher Dodd (D- CT), Chairman of the Senate Committee on Banking, Housing and Urban Affairs, at this morning's Hearing titled "Examining the Billing, Marketing, and Disclosure Practices of the Credit Card Industry and Their Impact on Consumers."
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