Digital Transactions 2/28/13: Could the new Chase Merchant Services (CMS) processing entity announced Feb. 26 by JPMorgan Chase and Co. and Visa Inc. be a harbinger of a major change in the way bank card payments operate? The payments industry is abuzz with talk about how CMS could shake things up by enabling more direct links between card issuers and merchants, although it could take years to determine its effect.
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Source: Paymentspulse

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