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International Perspective
The MAG’s International Expansion
Apr 22, 2024One of the key strategies for the MAG is to develop a comprehensive vision for expanding the MAG's presence in the APAC and European regions and build an international program that aligns with the MAG's mission. This includes leading efforts to engage local merchants within the payments system and fostering collaborative relationships with payment processors, technology providers, and regulatory bodies in these regions.
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Membership Update
Are You Taking Advantage of Your Member Benefits?
Apr 15, 2024The MAG offers a wide variety of benefits to its merchant members – from committees to conferences, advocacy, education, and more, and we want to ensure that you are maximizing your benefits to get the most out of your membership.
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Education
New Educational Offerings!
Apr 8, 2024The MAG is excited to announce that our 200 Level eLearning Series is now FREE to All-Access Merchant Members, and T1 Sponsors! The Merchant Payments 200 Series includes five online payments courses designed for anyone seeking to increase individual skills. Each course focuses on a different topic including Managing a Payments Program, Card Types/Products, Fraud, Chargebacks, Touchless Payments, and Debit Routing.
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Policy Perspective
Regulation II Review: The Proposed Rate Reduction
Apr 4, 2024Regulation II, the Federal Reserve ruling that regulated debit card interchange in the U.S., has not seen an update since it was issued in 2011. In that time, there have been changes to not only payments technology, but also consumer preferences and shifting channels of commerce. Regulation II has a stipulation in which the Federal Reserve can reassess the debit rate cap and its applicability given issuer costs, and in late 2023 they proposed the first update to the regulated rate since its introduction. Their proposal is open for public comments until May 12, 2024.
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Payments Technology
Decoding the QR Code
Apr 1, 2024The Quick Response Code, more commonly known as the QR Code, has become a familiar sight in our daily lives. QR Codes seem to be everywhere these days whether on restaurant tables, plastered to light poles, or at the exhibit booths of your favorite payments conference. How did this come to be? Let’s take a closer look at what QR Codes are, how they work, and why payments professionals should care about them.
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Innovate Now
New Age of Customer Interaction
Mar 25, 2024In 2023, EMVCo defined the introduction of minimum acceptable criteria and a supporting approval process for TaptoMobile acceptance devices. These changes have allowed solution providers, the networks and processors to -venture into this new TaptoMobile space.
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Conference Update
MAG’s First Payments MAGnified is in the Books!
Mar 21, 2024Thank you to the record-setting number of attendees who joined us at our first-ever Payments MAGnified at the Hyatt Regency Dallas!
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CEO Update
Growing the Merchant’s Voice Globally
Mar 18, 2024Over the last several years, the MAG has expanded the merchant's voice in the industry through many avenues. In 2019, we added the Tech Forum to include professionals who are responsible for the programming of payments to join our discussions. In 2020, we started engaging with merchants in the APAC area to help understand their needs for a voice in the payment system. In 2021, we launched our Merchant Payments 101, followed by our 200 level courses as well as a Technical course. In 2022, we held our first international summit in Singapore.
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Advancing Payments
Special Interest Groups (SIG) Highlights
Mar 11, 2024Dating back to our inaugural payments event in October 2008, our Special Interest Groups (SIGs) have been some of the highest-rated sessions at every conference. What started as round table discussions during the last hour of our conference, SIGs have been standardized into two one-hour merchant-only sessions, allowing merchants of various industry verticals to discuss the topics that mean the most to them.
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Board Member Corner
Turbocharging 2024: A Perspective from the New Kid on the Board
Mar 7, 2024I have had the honor of being engaged with the MAG through many different job titles… merchant member, SIG leader, Committee co-chair, MAG staff member, and now Board Member. Through all those titles and phases of my own professional life, what I have learned about payments can be directly tied back to the experiences, connections, people, formal and informal conversations, and education that I’ve received through engagement with the MAG organization.
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Sponsorship Update
Benefits of Being a Tech Forum Sponsor
Feb 26, 2024MAG conferences may have gone through a rebranding, but Tech Forum is here to stay. Tech Forum is a constant area of growth for our organization as the industry faces new and exciting challenges across the payments tech space. From tokenization, PCI compliance, fraud management, software implementation, and more, the MAG continues to seek new and innovative ways to bring together payments technology professionals in a meaningful way.
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MAG MEMBER HIGHLIGHT
From Student to Teacher in Payments
MAG SPONSOR HIGHLIGHT
Shift4 — Why Take a Multi-Acquirer Approach?
NEWS FROM OUR SPONSORS.
Apr 22, 2024
PAX Technology, Inc. — PAX Technology, Inc. Unveils Revolutionary eSIM Solution for Payments
Apr 17, 2024
MagTek, Inc. — MagTek Expands Access to the Magensa Payment Protection Gateway with DishOut Partnership and Certification of PAX Terminals
Apr 17, 2024
Trustly Inc. — The Way We Pay is Changing: Trustly Achieves 79% Growth in 2023, Fueled by Open Banking Demand
Apr 12, 2024
U.S. Faster Payments Council — The Next Frontier – Digital Assets Mortgage Processing
Apr 8, 2024
U.S. Bank Payment Solutions — Survey: strong payments strategy can support business resilience
Apr 8, 2024
Optimized Payments, Inc. — Optimized Payments Continues to Expand to Bolster Growth Initiatives
Apr 8, 2024
W. Capra Consulting Group — W. Capra Announces Closing of Its Acquisition of Impact 21
Apr 1, 2024
Bluefin — Bluefin Recognized for Financial Transaction Security Innovation in 2024 FinTech Breakthrough Awards Program
Apr 1, 2024
TreviPay — TreviPay Introduces New Financing Option and Payment Application Features for B2B Net Terms Programs
Apr 1, 2024
Fiserv — Clover Named “Best Overall Commerce Platform” in Annual FinTech Breakthrough Awards
Apr 1, 2024
VGS — VGS Hosts Free Topgolf Networking Event in Dallas on April 11, 2024
Apr 1, 2024
Sezzle Inc. — Sezzle Fourth-Quarter and Fiscal Year 2023 Results
MAG INSIGHTS
View past newsletter articlesMEET OUR NEW MEMBERS
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MEET OUR NEW SPONSORS
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The Arcot Network is a payment authentication network powered by 3-D Secure (3DS).
The network is used by card issuers, merchants, and payment processors to authenticate the identity of a shopper during an e-commerce payment. Users of the network enjoy lower fraud, higher approval rates, and regulatory compliance.