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Some details here: https://www.moneris.com/en/support/additional-resources/payment-card-network-fee-updates https://www.moneris.com/en/support/additional-resou
by cpncrunch 3y ago
Some details here:
https://www.moneris.com/en/support/additional-resources/payment-card-network-fee-updates https://www.moneris.com/en/support/additional-resources/paym...
Premium card fees up from 1.8% to 1.85% and super-premium up from 1.97% to 1.98%.
Bloomberg claims that Mastercard is introducing a pre-authorization fee:
https://archive.ph/sFo82 https://archive.ph/sFo82
However, you can see in the Moneris page that Mastercard actually introduced that pre-auth fee back in Nov 2019, and it is 0.05% or $0.01.
So, seems to be pretty much a clickbait nothing-burger.