Search for: "In re Payment Card Interchange"
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12 Nov 2020, 7:24 am
“We’re feeling like the case just got wider, not smaller,” he said, adding that he is considering bringing cases on behalf of other CBD retailers whose businesses have been erroneously flagged as illegal by credit card companies. . [read post]
8 Oct 2020, 8:56 am
And we’re also extending the time for developers in India to integrate with the Play billing system, to ensure they have enough time to implement the UPI for subscription payment option that will be made available on Google Play — for all apps that currently use an alternative payment system we set a timeline of 31st March 2022,” said Purnima Kochikar, director of Business Development of Games & Applications at Google Play, in a statement. . . . [read post]
30 Jul 2020, 7:14 am
Durbin sponsored the so-called Durbin Amendment to 2010’s sweeping Dodd-Frank Act, a measure that regulated the interchange big debit card issuers could receive. [read post]
23 Jul 2020, 7:22 am
The ruling comes after years of litigation in a sprawling multidistrict case related to credit charge interchange fees. [read post]
16 Jul 2020, 9:23 am
Chile to Submit Card Interchange Fee Regulation BillBNamericas – July 10, 2020 (subscription required) Chile’s finance ministry said it plans to regulate card interchange fees. [read post]
2 Jul 2020, 8:40 am
“Interchange fees for consumer cards have decreased, leading to reduced merchants’ charges for card payments, and ultimately resulting in improved services to consumers and lower consumer prices,” the European Commission said in an emailed press release. [read post]
30 Jun 2020, 4:00 am
The combined cases were brought by several retailers against MasterCard and Visa in relation to the multilateral interchange fees (“MIF”) charged by the card payment scheme operators. [read post]
25 Jun 2020, 8:00 am
London Fintech Curve to Power Samsung Pay Card in the UKTechCrunch – June 24, 2020 Curve, the London fintech that is re-bundling various financial products by letting you consolidate all y [read post]
24 Jun 2020, 3:00 am
Visa and Mastercard Agreed to Largest-Ever Class Action Antitrust Settlement In 2018, Visa, MasterCard, and banks that include Bank of America, Citigroup, and JPMorgan Chase agreed to pay up to $6.2 billion to settle an antitrust lawsuit (In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation) that was litigated for more than a decade. [read post]
13 May 2020, 1:02 am
This is a live blog of the appeal brought by Mastercard concerning class certification under the UK’s collective action regime introduced by the Consumer Rights Act 2015. [read post]
30 Apr 2020, 7:44 am
EU Interchange Fee Regulation: Card Payments Cheaper for Retailers but Full Impact UnclearPolitico EU – April 28, 2020 The caps on debit and credit card interchange fees that resulted from the EU’s Interchange Fee Regulation (IFR) in 2015 have delivered on their intended purpose: bringing lower costs to merchants across Europe. [read post]
16 Apr 2020, 7:56 am
They’re also using mobile apps tied to payments, such as Amazon Prime Now, to place delivery or pickup orders for groceries. [read post]
9 Mar 2020, 1:21 pm
Pharmacy benefit side: now interchangeability does matter—the pharmacy needs the right to substitute w/o going back to prescriber, and the only way to get that right is interchangeability. [read post]
19 Dec 2019, 10:09 am
Merchants sued under antitrust laws over so-called interchange fees, or swipe fees, associated with credit card transactions. [read post]
21 Aug 2019, 6:02 am
“So, we’re shifting our focus to expand Chase Pay’s presence in more merchant apps and websites. [read post]
12 Aug 2019, 12:30 pm
Merchants are explicitly permitted to pass swipe fees (also known as “interchange fees”) along to customers, which among other things is fairer to low-income customers who don’t have credit cards and shouldn’t have to absorb the costs of those cards. [read post]
31 Jul 2019, 7:02 am
Apple Card will launch in AugustCNet – July 30, 2019 Apple Card will hit its summer launch date. [read post]
26 Jun 2019, 7:52 am
Currently, Canadian debit cards must be authorized in real time. [read post]
5 May 2019, 9:01 pm
In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation If we are going to talk about a particular class-action settlement, I can’t think of a better current one to discuss than the In re Payment Card Interchange and Merchant Discount Antitrust Litigation, which some people just call the “Visa-MasterCard case. [read post]
13 Mar 2019, 10:09 am
")But the broader conceptual interchangeability suggests that we should view under- and over-payment of SNAP benefits, relative to the case where eligibility criteria were correctly applied,more symmetrically than I gather we do. [read post]
