Australia’s central bank will prohibit surcharges on debit and credit cards starting in October. The Reserve Bank of Australia (RBA) announced its plans Tuesday (March...
Visa and Mastercard have announced an updated settlement in a 20-year legal battle with merchants. The agreement, which still requires approval from the Eastern District...
Chase has introduced substantial changes to its Chase Sapphire Reserve card, its premium travel card. Due to go into effect June 23, the updated card...
The European Commission is reportedly looking into fees charged by Visa and Mastercard in a move that could lead to a formal probe. The competition...
The American Bankers Association (ABA) said the proposed amendments to Regulation II that would cap debit card interchange fees are “fundamentally flawed and should not...
Mastercard and a consumer advocate reportedly reached an agreement in principle to settle a long-running British lawsuit regarding card fees. The company and Walter Merricks announced...
So called “credit card swipe fees” — specifically, interchange fees — burden consumers and businesses, resulting in higher prices charged for goods and services, critics...
The European Commission has reportedly launched a probe into whether Mastercard and Visa’s fees are hurting merchants. The commission sent out questionnaires to retailers and payment...