Search for: "Merchant Credit Card Solutions, Inc."
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7 May 2020, 8:02 am
The suit asserted state and federal antitrust claims on behalf of consumers without AmEx cards, who have argued that the anti-steering rules indirectly made their preferred payment methods more expensive by eliminating incentives for other credit cards to compete on fees. . . . [read post]
26 Aug 2021, 8:58 am
” A credit-card interchange fee, also known as a transaction fee or a processing fee, is the fee the merchant — the business — pays to be able to accept credit cards. [read post]
26 Aug 2021, 8:58 am
” A credit-card interchange fee, also known as a transaction fee or a processing fee, is the fee the merchant — the business — pays to be able to accept credit cards. [read post]
27 Aug 2020, 8:07 am
Plaid Inc. [read post]
5 Nov 2020, 7:35 am
It has been viewed by fintech companies and merchants as a platform that could one day enable consumers to make purchases without having to rely on debit and credit cards, instead allowing for payments to be made directly from a consumer’s bank account to a merchant’s account. [read post]
16 Jul 2020, 9:23 am
As a result, Wirecard Card Solutions’ (WCS) customers did not have access to their accounts temporarily. [read post]
12 Jun 2020, 7:44 am
More Transaction Detail on Statements Could Prevent Many Chargebacks, Report SaysDigital Transactions News – June 10, 2020 With chargeback costs poised to grow an estimated 52% by 2023 for U.S. payment card issuers alone, issuers as well as merchants and merchant acquirers have every incentive to reduce those costs. [read post]
14 May 2021, 7:51 am
Supreme Court ruling against the credit card companies over their merchant fees. [read post]
17 Dec 2020, 8:04 am
Meanwhile, merchant advocates in the United States argue the case could ultimately lay the groundwork for action against card fees that merchants pay and that, they argue, drive up consumer prices. [read post]
16 Jun 2009, 7:23 am
Savvis Inc., has its origins in events that began in 2003, when Merrick Bank (“Merrick”) offered to hire CardSystems Solutions (“CardSystems”) to process credit card transactions for its merchant customers. [read post]
17 Jul 2019, 10:32 am
Credit Cards Fall Behind in Asia’s Race to Go Cashless Nikkei Asian Review – July 15, 2019 Credit cards are losing out to e-payments as Asia rushes to go cashless, with users who are unwilling or unable to shoulder the high fees associated with cards opting for mobile alternatives. [read post]
8 Oct 2020, 8:56 am
Consumers Reach $66.7m Deal With Banks Over ATM FeesLaw360 – October 6, 2020 (subscription required) A group of consumers has asked a D.C. federal judge to preliminarily approve a $66.74 million deal with Bank of America and other financial institutions to end claims they fixed prices with credit card issuers to keep ATM fees inflated. [read post]
15 Sep 2022, 10:00 am
Walmart Inc., 2-21-cv-00126 (EDTX Sep. 8, 2022) (Roy S. [read post]
6 Aug 2020, 7:14 am
-based iPhone maker has bought Mobeewave Inc., a 9-year-old technology firm based in Montreal. [read post]
15 Dec 2023, 6:00 am
The PSR said the review focused on charges set by Mastercard and Visa, as they account for 99% of debit and credit card payments in the UK. . . . [read post]
29 Jul 2017, 5:32 pm
Trinity Indus., Inc. [read post]
15 Oct 2021, 9:17 am
“GAFA solutions are all spreading around the European market and we don’t have anything European. [read post]
15 Oct 2021, 9:17 am
“GAFA solutions are all spreading around the European market and we don’t have anything European. [read post]
6 Sep 2011, 12:31 pm
The plaintiff, CyberSource, owned a patent for a method and system of detecting fraud in a credit card transaction between a purchaser and a merchant over the Internet. [read post]
26 Apr 2024, 6:00 am
Kathy Hochul that sought to ramp up state-level regulation of the buy-now, pay-later market, a fintech-heavy field that has surged in popularity as a credit card alternative. [read post]