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CMSPI invites you to their event

Grocers - Top Tips to Reduce the Cost of Card Payments

About this event

Card processing fees in the U.S. are among the highest in the world and are a huge burden to Grocers of all sizes. Despite regulation capping debit transaction costs, the COVID-19 pandemic has demonstrated how debit regulations haven’t reached merchants operating online; resulting in over-charges. However, with the Federal Reserve’s open comment period on debit card-not-present transactions extended until August 11th, $3 billion in annual savings are still on the line, and retailers have an opportunity to express their challenges to regulators in an effort to clarify this debit regulation.

In NGA’s upcoming webinar, we will be joined by CMSPI – a leading retail payments consultancy - to help educate grocers on the opportunities with the Federal Reserve, as well as helping attendees better understand swipe fees, ultimately learning techniques to reduce card payments costs.

Topics Covered will include:

  • Swipe fee composition and growth for grocers
  • What is Debit routing?
  • What impact will the Fed’s clarification have on your costs?
  • How can you impact card fee regulation?
  • CMSPI’s 5 Strategies to Optimize Payments

Hosted by

  • Team member
    T
    Christian Johnson Economist @ CMSPI

    Christian gathers and investigates insights into payments trends and leverages those insights to advocate for a fair and competitive payments industry

  • Team member
    T
    Joshua Pynn Payments Analyst @ CMSPI

    Josh handles complex data from clients in order to provide effective solutions and cost savings in payments acceptance

CMSPI

Making Payments More Productive

CMSPI is an independent, data powered, global consultancy advising merchants on how to improve the productivity of their payments arrangements by reducing costs, increasing sales and implementing innovative solutions.