The card payments ecosystem will process $ 30 trillion in payments next year. The card payments industry is growing rapidly, fuelled by the shift to online and mobile payments. It is changing the way business is done and the way people are spending their money.

In my last post I discussed the challenges that merchants can face when accessing detail related to their customers’ card transactionsto enable them to validate merchant service charges. It is only when merchants gain access to transaction level detail via (1) reports sent over by their acquirer or (2) through their provider’s online portal, that the real challenge in validating merchant service charges begins.