PYMNTS-MonitorEdge-May-2024

Payroc

Merchants Seek Bottom-Line Benefits From Credit Card Surcharges
Merchants Seek Bottom-Line Benefits From Credit Card Surcharges
May 12, 2022  |  Credit Cards

Legal obstacles to surcharges on credit card transactions have been dropping for much of the past decade as courts continue to rule that the surcharges...

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Payroc Acquires Payments Platform Provider Worldnet
Payroc Acquires Payments Platform Provider Worldnet
April 22, 2022  |  Acquisitions

Global payments company Payroc WorldAccess has acquired Worldnet, which provides payment solutions for independent software vendors (ISVs). Payroc announced the purchase in a news release...

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Payments Firms’ Mantra Amid Inflation: Automation, Automation, Automation
Payments Firms’ Mantra Amid Inflation: Automation, Automation, Automation
April 01, 2022  |  Payments Innovation

The economy, it seems, has turned on a dime in just a few weeks. We’re facing the triple threat of inflation, rising interest rates, and...

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Half of Consumers Are Highly Likely to Switch Merchants Due to Credit Card Surcharges
Half of Consumers Are Highly Likely to Switch Merchants Due to Credit Card Surcharges
March 28, 2022  |  Credit Cards

A key consideration for merchants considering whether to implement credit card surcharges is the impact of such a fee on credit card users. Having to...

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Most Consumers Aware of Card Surcharges, and Try to Avoid Them
Most Consumers Aware of Card Surcharges, and Try to Avoid Them
March 09, 2022  |  Credit Cards

Credit card surcharges are everywhere, and consumers know it. PYMNTS research has found that cardholders’ overall awareness of merchant surcharges is high, with 84% of...

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90% of Cardholders Check Receipts for Credit Card Surcharges
90% of Cardholders Check Receipts for Credit Card Surcharges
March 07, 2022  |  Credit Cards

An average of 9% of cardholders were asked to pay a surcharge of their most recent credit card purchase at restaurants or retail stores, according...

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Report: The Impact of Merchant Surcharges on Cardholder Satisfaction
Report: The Impact of Merchant Surcharges on Cardholder Satisfaction
March 01, 2022  |  Credit Cards

The stresses of the pandemic have stretched merchants and consumers to their limits. In addition, as inflation has spread throughout the economy, credit card processing...

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Payroc Launches ConsumerChoice Offering for the Card-Not-Present Environment
Payroc Launches ConsumerChoice Offering for the Card-Not-Present Environment
February 07, 2022  |  Payment Methods

Payments company Payroc is rolling out a new choice offering for a card-not-present environment, allowing businesses to accept all card and ACH payment types at...

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Payments Company Payroc Acquires East Commerce
Payments Company Payroc Acquires East Commerce
January 14, 2022  |  Acquisitions

Global payments company Payroc has acquired East Commerce Solutions, a merchant service handling $2 billion dollars in annual processing volume, according to a Friday (Jan....

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