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The Latest Assaults on Card Fees

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2013/08/09

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  • [...] Last week Isis announced a national roll-out scheduled for later this year. That raised a few eyebrows as most of us know the challenges associated with deploying NFC technology in many markets, and especially the US. While there are increasingly more NFC phones available in the market and Isis promised iPhone support (most likely, via a special case), the issue of NFC-capable POS terminals remains. And if anything, that issue potentially just got bigger after the added uncertainty over debit fee caps, network routing and, subsequently, EMV (see my earlier blog.) [...]