Some methods of competition have landed Visa in hot water in Australia. In proceedings brought by the Australian Competition and Consumer Commission (ACCC), the Federal Court of that country has ordered Visa Worldwide to pay a penalty of $18 million for engaging in anti-competitive conduct....
September 28, 2018
To allow ATM operators and acquirers to use Dynamic Currency Conversion (DCC) around the world, Visa is growing its Visa/Plus ATM services and updating its rules. The changes will become effective in mid-April of next year, Vending Times reported. Through DCC, which is an optional offering, an acquirer, merchant or ATM operator gives cardholders a choice: They […]
September 07, 2015
Some methods of competition have landed Visa in hot water in Australia. In proceedings brought by the Australian Competition and Consumer Commission (ACCC), the Federal Court of that country has...