small-ticket

MasterCard will impose the highest fees allowed on all debit transactions, including so-called small-ticket purchases, for cards issued by the biggest U.S. banks, said a person with direct knowledge of the matter.

BusinessWeek.com -- Top News 2011

Microfinance companies borrow funds from banks and offer small-ticket loans of about $200 to the poor to help them start or expand small businesses.

SKS Microfinance Posts Fourth Straight Quarterly Loss Sudeep Jain 2012

"We need to make sure that we strike that right balance between driving value to the consumer and the merchant on small-ticket" purchases, Mr. Sheedy said.

MasterCard, Visa Seen Raising Fees on Small Debit Purchases Andrew R. Johnson 2011

NEW YORK—In a move that could discourage some merchants from accepting debit cards for small transactions, Visa Inc. and MasterCard Inc. are raising the fees merchants pay for small-ticket debit purchases, according to analysts.

MasterCard, Visa Seen Raising Fees on Small Debit Purchases Andrew R. Johnson 2011

Currently a retailer pays about eight cents for a $2 cup of coffee purchased with a debit card, according to Mr. McCrohan, who said the increase "will kill the economics for small-ticket debit purchases."

MasterCard, Visa Seen Raising Fees on Small Debit Purchases Andrew R. Johnson 2011

More on SKS Microfinance Heard : The Pitfalls of India's Microlenders IRT : South Asia's Microcredit Crisis Drags On Microfinance companies borrow funds from banks and offer small-ticket loans of about $200 to the poor to help them start or expand small businesses.

SKS Microfinance to Diversify Product Offerings Nupur Acharya 2011

"There will be some unhappy parties, as there always is when the government gets in the way of the free-market system," says Chris McWilton , president of U.S. markets for MasterCard Inc. He said the company decided that it couldn't sustain the discounts under the new rate model because the old rates had essentially subsidized the small-ticket discounts.

Debit-Fee Cap Has Nasty Side Effect Robin Sidel 2011

Raising fees on small-ticket debit purchases could hurt self-service kiosks, such as DVD rental kiosks, which "benefit from debit-card acceptance," Mr. McCrohan wrote.

MasterCard, Visa Seen Raising Fees on Small Debit Purchases Andrew R. Johnson 2011

But the head of a Mumbai-based fund house, who declined to be named, warned that sales would be hurt further if the regulations result in increased costs for distributors and funds, particularly for small-ticket investments.

India Plans Rules for Mutual Fund Distributors Khushita Vasant 2011

Most merchants should see a reduction in their costs for accepting debit cards as a result of the new caps, but small-ticket merchants are "shocked that, in their case, their costs are actually going to increase," said Mark Horwedel , chief executive officer of Merchant Advisory Group, a trade group that represents large retailers on card-acceptance issues.

MasterCard, Visa Seen Raising Fees on Small Debit Purchases Andrew R. Johnson 2011