Overview
Merchant aggregation is gaining prominence in the payments industry in a growing number of implementations, but only last year did Visa finally expand its aggregation rules beyond e-commerce to cover all merchant types. Though the aggregator model did not gain official sanction from the card networks until recently, it could end up dominating the future of payments.
Book a Meeting with the Author
Related content
Regulatory Issues in Credit Cards: Preparing for the World of AI
From constitutional preemption to modern AI, the forces shaping credit cards are more complex and consequential than ever. Federal dominance, limited state influence, and evolving ...
Rewiring the Credit Card Value Proposition: From Best Card to Best Relationship
High credit card interest rates are reshaping the economics of the industry, putting pressure on consumers while increasing risks of delinquencies and losses. Widening spreads, shi...
Klarna Gets Its Wrist Slapped Again: BNPL Brings Volume, but Not Credit Quality or Profits
Klarna’s buy-now, pay-later model is colliding with global regulation. A Netherlands court has invalidated consumer debts, ruling BNPL creates credit obligations—despite zero inter...
Make informed decisions in a digital financial world