Comments for The Competitor's Code

Comment on What decision factors should retailers use when choosing between an open-loop vs. closed-loop alternative payment solutions? by 2010 in review, I’m looking forward to 2011! « The Competitor's Code

2010 in review, I’m looking forward to 2011! « The Competitor's Code — Sun, 02 Jan 2011 13:09:51 +0000

[...] What decision factors should retailers use when choosing between an open-loop vs. closed-loop altern… April 2010 2 comments 3 [...]

Comment on Competitive opportunity in a post Durbin world: richer debit rewards as the unintended consequence of the $10 billion exclusion. by Peter Guidi

Peter Guidi — Thu, 02 Dec 2010 16:19:17 +0000

Right now no one knows what will happen and so it’s just a guess. Your thought is valid, but there are so many unknowns it is impossible to say for sure. What I think is true is that the market will drive the product. Free Checking may in fact be the most powerful reward in a new environment, and if it urns out that way your prediction will be correct. Right now I’m betting the TCH lawsuit has legs. Time will tell, thank you for your input.

Comment on Competitive opportunity in a post Durbin world: richer debit rewards as the unintended consequence of the $10 billion exclusion. by svmoneyball

svmoneyball — Thu, 18 Nov 2010 22:39:16 +0000

One argument that I have heard is that the loss of interchange fees will be reductions in rewards programs as well as loss of free checking.

If you look at the technological ability of the smaller FI wouldn’t it be more natural to continue to have free checking while the 90 over $10 billion FI lose this service. This seems like a simple implementation of this rather than a rich rewards program for debit.

How many under $10 billion FI’s have a robust debit rewards program in today’s economic model? It seems like this is mostly with the Chases of the world.

Comment on Credit Card acceptance costs expected to increase by summer 2010; is your pool of profit going down the drain? by Ambrose Viccars

Ambrose Viccars — Mon, 18 Oct 2010 10:08:36 +0000

Post really insightfull and informative,this is sort content that always im prefer to read out .Im going to bookmark your pages so i could make it reference next time

Comment on What decision factors should retailers use when choosing between an open-loop vs. closed-loop alternative payment solutions? by Peter Guidi

Peter Guidi — Thu, 27 May 2010 17:33:21 +0000

Garry,

Thank you for your kind words. It’s good to know someone enjoys reading the work!

Peter

Comment on What decision factors should retailers use when choosing between an open-loop vs. closed-loop alternative payment solutions? by Garry Parks

Garry Parks — Thu, 27 May 2010 12:53:18 +0000

If I had a nickel for every time I came to peterguidi.wordpress.com… Superb article!

Comment on The Final Frontier: the death of cash as a payment and the merchant’s role in the battle plan. by Nicole Nunn Walker

Nicole Nunn Walker — Wed, 19 May 2010 15:39:04 +0000

Very Poetic. Adios Cash.

Comment on 73rd NPECA Annual Conference, “Retail Credit Card Session – Alternative Payments – Challenges and Opportunities”. by Peter Guidi

Peter Guidi — Wed, 28 Apr 2010 19:27:06 +0000

Very well thank you. I’d welcome your input.

Comment on 73rd NPECA Annual Conference, “Retail Credit Card Session – Alternative Payments – Challenges and Opportunities”. by Nicole Nunn Walker

Nicole Nunn Walker — Wed, 28 Apr 2010 18:38:15 +0000

How well was the panel attended? Good Questions?

Comment on “War on Cash” or “War of Words over Card Fees”; the battle between two industries with very different points of view. by Randall Shake

Randall Shake — Fri, 05 Mar 2010 20:58:16 +0000

Hi Peter hope you are well. I am working with a major ACH Processor and on a payment account for an online Social Media Community. I have been told that the Card Associations Debit networks are competing directly with the major Debit Networks owned by the Processors. And that there is resentment building as Debit revenues are being cannibalized by the Card Brands aka. Card Associations.

In May of last year Thomas Hoenig of the Kansas City Federal Reserve Bank stated that the Fed had contemplated issuing Debit Cards themselves. As there was too much consolidation of payment volume. Consumers continue to deleverage due to the systemic financial crisis.