A $6.2 billion settlement has been reached by Visa, Mastercard and several U.S. banks over a suit brought by merchants over what is commonly known as “swipe fees” — a name for the fees that are paid by those merchants when they accept credit card...
The next round of fights over credit card fees looks like it is gearing up to begin in Washington as Walmart and other retailers are joining forces with credit card processors in an attempt to push lawmakers and regulators to give them a seat at...
Changes to commercial card regulations could be tripping up small businesses in Australia, according to reports on Friday (Sept. 2). EconoTimes said the Reserve Bank of Australia is looking to include commercial cards under its interchange fee regulations, a move reports said could make it more...
A decision by the U.K. Payment Systems Regulator last month has now led corporate payment company AirPlus to change its operations, according to reports on Thursday (April 14). AirPlus revealed that it will replace its individual pay corporate cards with cards that fall under the EU’s...
September 18, 2018
A $6.2 billion settlement has been reached by Visa, Mastercard and several U.S. banks over a suit brought by merchants over what is commonly known as “swipe fees” — a name for the fees that are paid by those merchants when they accept credit card payments. The settlement had been anticipated over the past few […]
June 07, 2018
The next round of fights over credit card fees looks like it is gearing up to begin in Washington as Walmart and other retailers are joining forces with credit card...
