Search for: "In re Payment Card Interchange" Results 21 - 40 of 107
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18 Feb 2022, 9:23 am by Zak Gowen
If you’re at the Olympics and need to pay with a credit card, or if you’re online and want to buy tickets for an upcoming Games, Visa is the only way to go. [read post]
12 Nov 2021, 10:36 am by Kristian Soltes
Card networks such as Visa and MasterCard assess interchange fees (also known as “swipe fees”) on merchants for payment card transactions. [read post]
12 Nov 2021, 10:36 am by Kristian Soltes
Card networks such as Visa and MasterCard assess interchange fees (also known as “swipe fees”) on merchants for payment card transactions. [read post]
11 Nov 2021, 10:36 am by Kristian Soltes
Card networks such as Visa and MasterCard assess interchange fees (also known as “swipe fees”) on merchants for payment card transactions. [read post]
1 Oct 2021, 8:47 am by Kristian Soltes
In an online briefing of local merchants, CMSPI warned that the lack of disclosure by banks and global card schemes about scheme fees meant that they were being used to recoup revenue that had been lost because of the introduction of caps on interchange rates for debit and credit card transactions. [read post]
1 Oct 2021, 8:47 am by Kristian Soltes
In an online briefing of local merchants, CMSPI warned that the lack of disclosure by banks and global card schemes about scheme fees meant that they were being used to recoup revenue that had been lost because of the introduction of caps on interchange rates for debit and credit card transactions. [read post]
30 Aug 2021, 4:12 am by Joshua Holt
Credible’s partners offer borrowers flexible repayment terms, including flat rate payments, deferred payments, and interest-only payments. [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
Class ActionDigital Transactions News – August 19, 2021 While the two global payments networks have been embroiled in a controversy over merchant debit card fees in the U.S. market, they also face trouble in the United Kingdom over an even bigger issue: credit card interchange fees. [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
Class ActionDigital Transactions News – August 19, 2021 While the two global payments networks have been embroiled in a controversy over merchant debit card fees in the U.S. market, they also face trouble in the United Kingdom over an even bigger issue: credit card interchange fees. [read post]
1 Apr 2021, 8:44 am by Kristian Soltes
The recently initiated Federal Trade Commission and Justice Department investigations of complaints that the networks are interfering with merchants’ debit-routing choice under the Durbin Amendment have clearly re-awakened long-simmering emotions over radioactive interchange policies. . . . [read post]
25 Mar 2021, 8:06 am by Kristian Soltes
The decade-old amendment capped debit card interchange for larger issuers and mandated a choice of at least two unrelated networks for merchants. [read post]
4 Mar 2021, 9:30 am by Kristian Soltes
“If a fintech company uses a white-label bank to process their business, they’re basically a bank. [read post]
18 Feb 2021, 9:15 am by Kristian Soltes
Mastercard and Island Pay Launch First Digital Currency CardFinTech Magazine – February 18, 2021 Finance giant Mastercard has teamed up with Island Pay to deliver a world first: a digital currency-linked payment card backed by a central bank. [read post]
14 Jan 2021, 9:14 am by Kristian Soltes
Banks Keep Piling Credit Card Fees on Retailers: Congress Must ActAmerican Banker – January 11, 2021 Interchange fees that banks charge to process card transactions have long been a significant and growing burden, driving up costs for merchants and, ultimately, prices for consumers. [read post]
11 Dec 2020, 1:45 am by Matrix Legal Support Service
These payment card schemes allow consumers to purchase goods and services from retailers by card. [read post]
10 Dec 2020, 8:56 am by Kristian Soltes
Bank governor Philip Lowe, addressing the Australian Payments Network on Monday, said the current laws covering everything from cards to interchange fees between retailers and card providers were more than 20 years old. [read post]
3 Dec 2020, 8:40 am by Kristian Soltes
The claims, which accuse the credit card giant of violating EU and domestic competition law, are among a string of civil actions brought against Visa and Mastercard related to the complicated system of setting so-called multilateral interchange fees, or MIFs. [read post]