Kirill Lisitsyn in the podcast “Pay Attention”: The World of Interchange Fees and Merchant Pricing

Vilnius, 15.07.24

CEO and co-founder of Torus, Kirill Lisitsyn, took part in the video podcast about payments “Pay Attention” by Tal Miller, CEO of Fibonatix.

Presenters revealed the truths and misunderstandings related to merchant pricing. They clarified the facts and eliminated uncertainty, equipping merchants with an accurate and impartial view of the fees they incur.

In this episode, you will learn about:
- Three major components of card transaction pricing for acquirers.
- Why most try to understand pricing based on portfolio ratios, which is incorrect, and we explain why.
- When regulators try to limit rate increases, market participants always find ways to insert their markup — causing market nuances to frequently change.
- Why it’s important to analyze transactions separately for commercial and consumer cards, and why this is nearly impossible to do with standard methods.
- And much more!

Listen to the podcast on all platforms: search for “Season 2 – Episode 3: Understanding Interchange Fees: A Simple Guide to Pricing in Payments” or visit the “Pay Attention” website.

Watch the episode right here to gain essential insights and equip yourself with the understanding necessary to effectively manage your business's financial landscape!