The $30 billion settlement that was reached on Tuesday between merchants and credit card giants Visa and Mastercard could make it more expensive to use premium credit cards. The rate tables that were ...
Visa and Mastercard announced a new proposal with U.S. merchants in a 20-year-long legal battle over interchange, or swipe, fees. The proposal includes a temporary reduction in swipe fees and could ...
Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...
NEW YORK — Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards. The most important ...
Credit card numbers, and cards themselves, may quickly start to feel as outdated as checkbooks. Many or all of the products on this page are from partners who compensate us when you click to or take ...
As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...
Renee Sylvestre-Williams is a finance and business reporter. In her more than 10 years of journalism, her work has been published in the Globe and Mail, Flare, Canadian Living, Canadian Business, the ...
With fintechs and legal cases pressuring payment fees, the card companies are leaning more on revenue from other sources.
A sign indicating MasterCard credit cards are accepted is posted at a New York business, Jan. 21, 2015. Mastercard said Wednesday, May 21, 2024, that it expects to be able to discover that your credit ...
This is read by an automated voice. Please report any issues or inconsistencies here. A proposed Visa-Mastercard settlement would allow merchants to reject high-reward credit cards, potentially ...