Patrick W. Diemer, Chairman of the Executive Board of AirPlus International, is the contributor of the feature article. Read as he shares his perspective on the European Commission's proposed cap on interchange fees. Members, read the complete article.
Also in this issue is information from the Canadian Department of Finance which recently issued a press release about the recent changes to interchange fees in Canada by Visa and MasterCard. Another article refers to the partnership between Deloitte and Visa Canada who have released a Tax Guide for Procurement Cards in Canada. The state of global acceptance of P-Cards, along with related resources, are also provided to further guide you and furnish you with up-to-date information in the changes that affect the global Commercial Card industry.
Archived editions of the TransAct! newsletter are accessible to NAPCP members only, but an abbreviated edition was emailed November 20, 2014, to members and complimentary subscribers. Join today to receive the next edition.