Blog: CG News

We want to inform you of the upcoming changes in the UK and the European cards processing. From the 1st of January 2021, the United Kingdom is no longer part of the EEA, Mastercard and Visa have announced revisions to interchange rates applicable to the payment transactions between the UK and the EEA. The new […]

Desde enero de 2021, el Reino Unido ya no forma parte de la Unión Europea. Como consecuencia, Mastercard ha anunciado un nuevo Acuerdo de Servicios Comerciales (BSA) que tendrá un impacto en las tarifas de las transacciones en el comercio electrónico entre el Reino Unido y la Comunidad Económica Europea (CEE). Actualmente las transacciones entre […]

January 2021, the United Kingdom is no longer a part of the European Union. As a consequence, Mastercard is announcing a new Business Service Arrangement (BSA) which will impact on interchange fees for UK-EEA consumer card-not-present transactions. These transactions between the UK and EEA countries are currently charged  0.20% for debit cards 0.30% for credit […]

Wirecard collapses owing $4 billion To all the affected merchants and partners of this sad news, going forward we will all need to undertake our own thorough due diligence and choose our future payment partners carefully, checking their heritage, their regulator and satisfy every test; especially around segregated client funds and security. Transparency, Stability, Contingency […]