Search for: "Merchant Credit Card Solutions, Inc." Results 41 - 60 of 95
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7 May 2020, 8:02 am by Kristian Soltes
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 by Kristian Soltes
” 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 by Kristian Soltes
” 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]
5 Nov 2020, 7:35 am by Kristian Soltes
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 by Kristian Soltes
As a result, Wirecard Card Solutions’ (WCS) customers did not have access to their accounts temporarily. [read post]
12 Jun 2020, 7:44 am by Kristian Soltes
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]
17 Dec 2020, 8:04 am by Kristian Soltes
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 by Kristian Soltes
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 by Kristian Soltes
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]
6 Aug 2020, 7:14 am by Kristian Soltes
-based iPhone maker has bought Mobeewave Inc., a 9-year-old technology firm based in Montreal. [read post]
15 Dec 2023, 6:00 am by Michelle
 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]
15 Oct 2021, 9:17 am by Kristian Soltes
“GAFA solutions are all spreading around the European market and we don’t have anything European. [read post]
15 Oct 2021, 9:17 am by Kristian Soltes
“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 by Michelle
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]