Revolut, Visa and Mastercard have lost a legal battle in the UK over a proposed regulatory cap on fees from international transactions.
The president’s recent demand that credit card companies reduce their interest rates to ten percent for 2026, as well as his ...
London-based fintech had been at forefront of providing an alternative to high charges for cross-border interchange fees ...
I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...
Retailers are urging a U.S. District Court judge to reject another settlement that Visa and Mastercard have proposed in the longstanding lawsuit against them and their banking partners concerning ...
As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...
Banks and credit card companies are lobbying to convince the central bank to strike a compromise on plans to cut bank ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
A consumer advocate in the UK has filed a lawsuit arguing that Apple Pay's take of standard interchange fees that the bank ...
Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...
Credit card rewards have long felt like free money, a way to shave a little off the grocery bill or fund a vacation just by ...