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20 Feb 2019, 9:30 pm
In contrast, Amex said that it competes with Visa and Mastercard by offering better credit card rewards—funded by the higher transaction fees it charges to businesses. [read post]
28 Apr 2011, 6:35 pm
Debit cards often come “branded” – meaning they come with a Visa, MasterCard or Discover logo on them, which allows them to be used anywhere the brand is accepted. [read post]
8 Dec 2010, 2:42 pm
Verified by Visa and Mastercard SecureCode) are reportedly not working, since they require online verification. [read post]
18 Jun 2008, 11:08 pm
In an earlier incident in 2006, Citibank put transaction holds on some Citi-branded MasterCard debit cards. [read post]
17 May 2024, 2:02 pm
Visa and Mastercard have strict rules for surcharging. [read post]
25 Jul 2014, 4:55 pm
Choice, also, is there: There already are 3 million businesses that accept Visa or MasterCard that do not accept American Express. [read post]
14 Jul 2023, 10:21 am
Consumers Say Mastercard Fees Trickled Down as Trial StartsLaw360 – July 5, 2023 (subscription required) “Unlawful” interchange fees Mastercard set across Europe influenced U.K. domestic rates, counsel for consumers bringing a £10 billion ($12.7 billion) class action against the card giant over swipe fees said at the start of an antitrust trial on Wednesday. [read post]
12 Nov 2023, 6:23 am
Last week he was turned down by the Bank of Nowhere for the Mastercard he needed to pay the minimums on a dozen other credit cards. [read post]
16 Jul 2024, 6:50 am
In a notable case, the law firm Milberg Coleman Bryson Phillips Grossman avoided sanctions despite submitting fake claims in a pivotal $5.6 billion antitrust settlement involving Visa and Mastercard. [read post]
30 Dec 2018, 7:46 pm
(Pix © Larry Catá Backer 2018)The year 2018 is ending with the great rifts opened in 2016, and exposed in 2017, now acquiring a greater urgency and show and revealing the power of its consequences. [read post]
25 Nov 2020, 9:42 am
(Mastercard, at 25% market share, is Visa’s only significant competitor.) [read post]
27 Nov 2011, 9:54 am
., MasterCard, Visa or PayPal, called "financial transaction providers" under the PROTECT IP Act), and Internet advertising services (i.e., Google or Yahoo!) [read post]
13 Oct 2023, 6:00 am
While the Illinois Senator is of the mind it will help increase industrywide competition with Visa and Mastercard, the bill deserves more outside scrutiny prior to its formal passage. [read post]
30 Jul 2021, 7:58 am
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]
17 Feb 2009, 6:48 am
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4 Mar 2022, 9:57 am
Meanwhile, “the Visa and Mastercard bans will be more effective, but [Russia] can weather that,” he adds. . . . [read post]
20 Oct 2023, 6:00 am
Instead, it requires the nation’s largest banks to enable at least two unaffiliated networks on each credit card—Visa or Mastercard plus a competitor like NYCE, Star, or Shazam. [read post]
10 Nov 2023, 6:00 am
Cross-Border Payment Headaches Burden Consumers: Mastercard ReportPayments Dive – November 7, 2023 In a consumer and small business report issued last month, Mastercard zeroed in on cross-border payment headaches affecting consumers in the U.S. and other international markets as they transact between countries. [read post]
1 Oct 2021, 8:47 am
Scheme fees are payable by acquiring and card issuing banks to global card schemes such as Visa and Mastercard for various services they provide. . . . [read post]
17 Dec 2021, 11:17 am
Like its biggest competitor, Mastercard Inc., Visa has spent the better part of the past few years rolling out new products to address that disconnect in a bid to incorporate cryptocurrencies into their more deeply into their operations. [read post]