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Articles For Tag "network selection"

  • Interchange is one thing. The much bigger deal is net interchange. Here's why.

    posted by Dan Heimann on Wednesday, September 8, 2021

    SHAZAM is a debit network and processor, among other services we offer community banks and credit unions. So, in the debit world we talk a lot about interchange, an important concept. What is it and why does it matter to you? Take a few minutes to find how your debit card interchange is calculated and how it can be a meaningful contributor to your bottom line.

  • Regulation II has a direct bearing on your transaction costs and net interchange income. Changes may be coming!

    posted by Paul Waltz on Wednesday, June 16, 2021

    SHAZAM has long advocated for dual-routing requirements because they keep the playing field level and foster an environment where community financial institutions can compete and thrive. A message from Paul Waltz, SHAZAM president and CEO, about proposed changes to Reg II.

  • Interchange is one thing. The much bigger deal is net interchange. Why?

    posted by Dan Heimann on Wednesday, February 24, 2021

    SHAZAM is a debit network and processor, among other services we offer community banks and credit unions. So, in the debit world we talk a lot about interchange, an important concept. What is it and why does it matter to you? Take a few minutes to find how your debit card interchange is calculated and how it can be a meaningful contributor to your bottom line.

  • SHAZAM selected to help shape the future of instant payments

    posted on Tuesday, February 16, 2021

    We're excited to share that SHAZAM has been selected to participate in a pilot program to guide development of the Federal Reserve's instant payments offering, the FedNowSM Service. FedNow will offer community financial institutions another network through which to access faster payments infrastructure.

  • Interchange is one thing. Net interchange is the much bigger deal. Why?

    posted by Dan Heimann on Friday, July 31, 2020

    SHAZAM is a debit network and processor, among other services we offer community banks and credit unions. So, in the debit world we talk a lot about interchange, an important concept. What is it and why does it matter to you? Take a few minutes to find how your debit card interchange is calculated and how it can be a meaningful contributor to your bottom line.