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30 Jul 2021, 7:58 am by Kristian Soltes
The CAT said last month that while Mastercard can’t argue retail customers would have used Visa, it can allege that they may have switched to PayPal. [read post]
19 Jul 2021, 5:10 pm by Eugene Volokh
Dart, in finding that a sheriff's letter to Mastercard and Visa demanding that they stop doing business with Backpage because of its sex-related advertisements: Imagine a letter that was similar to Sheriff Dart's but more temperate (no "demand," no "compels," no "sever [all] ties") and sent to a credit card company by a person who was not a law-enforcement officer. [read post]
19 Jul 2021, 3:20 pm by Eugene Volokh
[Jen Psaki's comments about the government "flagging problematic posts for Facebook" raises the issue; so does Donald Trump's lawsuit against social media platforms, based on government statements that allegedly coerced those platforms.] [read post]
The post India bank regulator blocks Mastercard from issuing new cards appeared first on JURIST - News - Legal News & Commentary. [read post]
9 Jul 2021, 10:11 am by Kristian Soltes
PayPal Zettle will also enable businesses to leverage PayPal’s suite of payment and commerce solutions – from invoicing to PayPal’s Business Debit Mastercard. [read post]
6 Jul 2021, 12:14 pm by Ajay Sarma, Christiana Wayne
-India Strategic Partnership Forum; and Sahra English, vice president of global public policy at MasterCard. [read post]
25 Jun 2021, 8:52 am by Kristian Soltes
Small Business Groups Lash RBA Over Debit Card Reform RoadmapBanking Day – June 22, 2021 The Reserve Bank is facing a backlash from business groups over its plan to allow most Australian banks to issue single network debit cards tied to the Visa and Mastercard payments platforms. [read post]
18 Jun 2021, 8:16 am by Kristian Soltes
In a 55-page complaint filed in New York federal court, the businesses claim that Visa and Mastercard extracted “monopoly rents from customers” in setting interchange fees. [read post]
11 Jun 2021, 9:20 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: A Surcharging Bill Advances to the Colorado Governor’s DeskDigital Transactions News – June 9, 2021 Soon, there might be just two states that prohibit credit card surcharging with the passage Tuesday of a bill in Colorado that would permit the pricing strategy. [read post]
1 Jun 2021, 1:29 pm by Silver Law Group
Furthermore, Rekor’s commercial investment in a contactless purchasing system with Mastercard has never progressed past the “pilot” stage. [read post]
As such, without a federal mandate, vaccine passport initiatives in the U.S. remain in the private sector, driven by companies such as Microsoft, Salesforce, IBM, and MasterCard. [read post]
14 May 2021, 7:51 am by Kristian Soltes
Retailers Seek Quick Win in Mastercard, Visa Swipe Fees SuitLaw360 – May 12, 2021 (subscription required) Hundreds of retailers asked a tribunal on Wednesday to rule that Visa and Mastercard overcharged them to process card purchases, arguing that it is bound by a U.K. [read post]
6 May 2021, 8:24 am by Kristian Soltes
Mastercard New Payments Index: Consumer Appetite for Digital Payments Takes OffBusiness Wire – May 4, 2021 93% of consumers are considering emerging payments such as biometrics, digital currencies, and QR code, in addition to contactless, according to the Mastercard New Payments Index. [read post]
28 Apr 2021, 11:17 am by Bob Ambrogi
In today’s episode of How It Works, we look at Ironclad, the contract lifecycle management platform used by innovative companies such as L’Oréal, Staples and Mastercard to collaborate and negotiate on contracts, accelerate contracting while maintaining compliance, and turn contracts into critical carriers of operational business intelligence. [read post]