/Joey Dembek

About Joey Dembek

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So far Joey Dembek has created 2 blog entries.

Premium and Super Premium Cards – The Silent Killers

Over the years, we have seen many increases in interchange fees. Every 6-12 months, Visa/MC will pinpoint specific interchange rates that they choose to go up or down (mostly up). These increases usually apply to only a few categories each release, and they are fairly straightforward to forecast the cost impacts. For example, in October [...]

By |2018-07-02T21:23:00+00:00July 2nd, 2018|General|0 Comments

American Express is Changing their Approach to Merchant Services

Within this complex world of payment processing, one major card network is taking a different approach to merchant services. American Express’s new CEO, Stephen Squeri, announced earlier last quarter that AmEx will be reducing their global merchant discount fees (“swipe fees”) by 5-6 basis-points, which could be their largest decrease in price in the last [...]

By |2018-06-05T08:51:08+00:00June 5th, 2018|General|0 Comments