U.S. shoppers made 72.7 billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. Consumers only see a small part of what is involved in using this method, however. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices...
U.S. antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. 13). The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks,...
Merchant associations that represent tens of thousands of U.S. merchants are calling on Visa to provide steps to remedy what they say is violation of rules regarding EMV. In a press release, the group said it sent a letter to Visa CEO Charles Scharf and CEO-Designate...
November 14, 2019
U.S. antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. 13). The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg. The inquiry could spell fresh regulatory trouble […]
November 17, 2016
Merchant associations that represent tens of thousands of U.S. merchants are calling on Visa to provide steps to remedy what they say is violation of rules regarding EMV. In a...
