Payments News

COMMENTARY: For Merchants, Much Has Been Accomplished, Much Is Yet To Be Done

Dec 23, 2018

Merchants have come a long way since the inception of the Merchant Advisory Group, but far more needs to be done to restore some semblance of balance in payments.

Upon reflection, it is remarkable that traditional merchants had no formal means to get together to discuss payments until the MAG began operations 10 years ago. Despite the
fact that the cost of payments acceptance had risen to the second- or third-highest cost of operation, merchants continued to endure upwardly spiraling costs with little inclination to publicly oppose them.

Read the full article.