Card Processor Operating Costs (Per Transaction) Continue to Decline at a Robust Rate.
McGovern Smith has tracked processor operating costs over the past 15 years and recently updated...
Even in “Challenging” Conditions, Processors Continue to Reap the Benefit of Platform Leverage.
McGovern Smith updated its Processor Cost Index1 for 2023 and the results show that processor...
Proposed Debit Interchange Fee Cap: Flawed Data and Process = Bad Policy
McGovern Smith Advisors has analyzed the proposed cap on the base component of debit card...
Credit Card Competition Act – Issuer Network Fees Could Rise Dramatically
McGovern Smith’s analysis of covered U.S. issuers (i.e., those financial institutions with over $100 billion...
Processor Operating Costs per Transaction Continue to Decline
The payments industry has seen dramatic changes over the past few years with industry consolidation...