credit card fees

Visa and Mastercard Interchange Fee Increases May Come in October, April

Visa and Mastercard Interchange Fee Increases May Come in October, April
Visa and Mastercard Interchange Fee Increases May Come in October, April
August 30, 2023  |  Credit Cards

Visa and Mastercard are reportedly preparing to raise the credit card fees paid by merchants. Those increases are scheduled to start in October and April,...

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Instant Payments Promise Better Consumer Experiences and Merchant Efficiencies
Instant Payments Promise Better Consumer Experiences and Merchant Efficiencies
February 24, 2023  |  Real-Time Payments

There’s a not-far-off future where plastic credit and debit cards will be less popular with rising consumer groups drawn to instant payments, and that’s OK...

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Rep. McHenry Decries Biden’s Credit Card Late Fee Plan
Rep. McHenry Decries Biden’s Credit Card Late Fee Plan
February 02, 2023  |  Credit Cards

A leading House Republican says President Biden’s proposed credit card fee cap will hurt consumers. Announced by the Consumer Financial Protection Bureau (CFPB) Wednesday (Feb....

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Visa and Mastercard Blame Fraud for Increased Cross-Border Fees
Visa and Mastercard Blame Fraud for Increased Cross-Border Fees
August 24, 2022  |  Credit Cards

Visa and Mastercard have blamed fraud and growing competition for the increase in their cross-border fees since the U.K. left the European Union, a post...

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NEW DATA: Nearly Half of Credit Card Users Would Switch Merchants to Avoid Surcharges
NEW DATA: Nearly Half of Credit Card Users Would Switch Merchants to Avoid Surcharges
June 14, 2022  |  Credit Cards

A little knowledge can go a long way. This might be sage advice to the growing number of merchants levying surcharges on credit card transactions...

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Merchants Seek Bottom-Line Benefits From Credit Card Surcharges
Merchants Seek Bottom-Line Benefits From Credit Card Surcharges
May 12, 2022  |  Credit Cards

Legal obstacles to surcharges on credit card transactions have been dropping for much of the past decade as courts continue to rule that the surcharges...

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UK Lawsuit Against Mastercard Gains Court Support
UK Lawsuit Against Mastercard Gains Court Support
April 16, 2019  |  Legal & Regulation

A consumer lawsuit against Mastercard in the U.K. got approval to move forward after a court reversed a ruling by the Competition Appeal Tribunal. According...

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Kroger Widens Ban On Visa Credit Cards
Kroger Widens Ban On Visa Credit Cards
March 01, 2019  |  Retail

Supermarket firm Kroger has expanded its ban on accepting Visa credit cards, stating on Friday (March 1) that its Smith’s Food and Drug unit will...

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