Interchange

Five At Five: New Swipe Fee Settlement Worth $6.2B
Five At Five: New Swipe Fee Settlement Worth $6.2B
September 18, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes details of the Visa and Mastercard swipe...

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Australia Officially Bans Excessive Credit Surcharges
Australia Officially Bans Excessive Credit Surcharges
September 01, 2017  |  Regulation

Australia has officially closed a legal loophole such that as of today, it is no longer legal to charge a credit card surcharge that is...

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EU Parliament Votes To Limit Interchange Fees
EU Parliament Votes To Limit Interchange Fees
March 11, 2015  |  Europe

The European Parliament voted overwhelmingly on Tuesday (March 10) to cap payment card interchange fees for consumer payments, according to Finextra. The 621-to-26 vote came...

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Google And Dozens Of Others Settle With Visa And MasterCard
Google And Dozens Of Others Settle With Visa And MasterCard
February 04, 2015  |  News

Google is one of dozens of merchants who asked a New York court on Friday (Jan. 30) to dismiss their lawsuits against Visa and MasterCard...

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MasterCard, Visa Cut Interchange In Canada
MasterCard, Visa Cut Interchange In Canada
November 05, 2014  |  News

Visa and MasterCard agreed to cut their interchange rates in Canada by about 10 percent, to 1.5 percent on consumer credit cards, for the next...

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Amazon Rolls Out mPOS, Undercuts Fees From Square, PayPal
Amazon Rolls Out mPOS, Undercuts Fees From Square, PayPal
August 13, 2014  |  Loyalty & Rewards

Amazon on Wednesday (Aug. 13) introduced its own mPOS package—to be called Amazon Local Register—and focused on the tune it knows that SMB retailers want to...

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Will Interchange Fee Caps Kill  Commercial Cards?
Will Interchange Fee Caps Kill Commercial Cards?
April 10, 2014  |  B2B Payments

It had been known since the summer of 2013 that The European Parliament’s Economic and Monetary Affairs (ECON) Committee would vote to introduce a cap...

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