Alternative Payment Rails: Understand the Hidden Cost of Debit Routing
Regulators worldwide are challenging major card networks by mandating alternative payment methods for payments drawn from bank accounts - like debit cards. Debit Routing (U.S.) or Least Cost Routing (LCR, in AUS) offers businesses reduced processing expenses. However, potential drawbacks aren't widely recognized, and pursuing low-cost solutions may have unforeseen consequences.
- Understand the financial opportunity presenting in markets around the world.
- Consider the trade-offs to the perceived cost benefit e.g. UX, Integration, Auth rates.
- Strike the right balance for your organisation.
Some content is hidden, to be able to see it login here Login