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Amex's Rules Prevent Discover Rate Reductions: Discover Exec

American Expressí network rules have deterred Discover from using lower interchange rates to lure more merchants, a high-ranking Discover executive testified in federal court July 10.

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The 2015 ISO&Agent Fact Book is our annual listing of ISOs, processors, terminal makers, suppliers, consultants, industry organizations and other participants. This issue also includes an examination of Walgreens' mobile strategy for payments and health care; a look at whether Bluetooth beacons can be used to accept payments; and some big ideas for small payment terminals.