By Peter Jones, PSE Consulting Ever since Europe lost EuroPay in the late 1990s, payments stakeholders have been dismayed at the steady decline in their domestic debit card schemes and the gradual displacement of usage (now 70%) in markets where they remain. Several replacement plans have failed, either through lack of support or funding and […]
Read MoreIn this great conversation, Chris Jones, Managing Director of PSE Consulting interviews Antoine Nougue from Checkout.com who talks through his views on approval optimisation and why its so important for merchants.
Read MoreIn this great conversation, Chris Jones, Managing Director of PSE Consulting interviews Lochan Sim from Payoneer, who provides his perspectives on the convergence between marketplace and orchestration. We discuss the benefits of build versus buy for merchants and the opportunities for merchant to source best of breed acceptance from multiple suppliers.
Read MoreBy Ronald te Velde and Eppo Heemstra, Connective Payments The EPI (European Payments Initiative) of 16 European banks has gained considerable momentum in recent months, followed by the foundation of the ECPC (European Card Payments Cooperation) last week, with the objective to align, standardise and connect the domestic card schemes on the basis of the […]
Read MoreBy Ronald te Velde and Eppo Heemstra, Connective Payments A universal solution On July 2, 16 European banks from 5 countries came out with the news that they will pave the way for a pan-European retail payment system, provisionally called the European Payments Initiative (EPI). With EPI, a long-cherished wish of the European Commission and […]
Read MoreBy Peter Jones, Chairman, PSE Consulting Regulatory investigations often try to improve the degree of competition within a market (see recent UK Payment Systems Regulator Interim review of UK Acquiring). A typical recommendation is to mandate suppliers to increase price transparency by publishing their prices, enabling consumers and small business to shop around, easily compare […]
Read MoreBy Marco Fava, CleverAdvice According to available data, the payments industry has effectively managed online risk, with payment fraud rates consistently declining at the European level over the last 6 years. Regardless, the European Banking Authority has mandated strict guidelines that require Strong Customer Authentication (SCA) for a number of online payment transactions. SCA is […]
Read MoreBy Chris Jones, Managing Director, PSE Consulting In a global first, all the major UK acquirers have come together to show collective support for businesses impacted by the COVID-19 crisis and share their views on what businesses can do during the lockdown while protecting employees and maintaining social distancing. These top tips come from all […]
Read MoreBy Marco Fava, CleverAdvice, June 2019 The industry is not ready to launch Strong Customer Authentication in September 2019 as set by PSD2. Implementing SCA requirements is complex and time consuming as involves upgrading payment systems of issuers, acquirers, card schemes, processors and merchants. The implementation period allowed by the regulation was actually shortened due […]
Read MoreChris Jones, Managing Director, PSE Consulting There is growing interest in the acquirer and merchant community in the Transaction Risk Analysis (TRA) exemption for Strong Customer Authentication (SCA). The opportunity to exclude transactions up to €500 from SCA and place the merchant back in control of consumers’ check-out process is understandably attractive. What remains unclear, […]
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