Interchange Fees

Card Networks Mull Fee Increase

Card Networks Mull Fee Increase
Card Networks Mull Fee Increase
February 15, 2019  |  Retail

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard,...

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Link, ATM Operator Face Potential Court Fight
Link, ATM Operator Face Potential Court Fight
February 03, 2019  |  Bank Regulation

NoteMachine, one of the biggest ATM operators in the U.K., is threatening to sue Link, the U.K. body that oversees the network of cash machines...

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees
CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees
January 28, 2019  |  Legal & Regulation

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets)...

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Mastercard Fined $648M Over X-Border EU Interchange Fees
Mastercard Fined $648M Over X-Border EU Interchange Fees
January 22, 2019  |  Legal & Regulation

Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially....

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Big Banks Struggle With Generous Rewards Cards
Big Banks Struggle With Generous Rewards Cards
January 02, 2019  |  Banking

U.S. banks are facing increased costs associated with their reward credit cards as a result of two years of increasing the rewards points they offered...

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India’s ATM Closures Seen As Boost To Demonetization Efforts
India’s ATM Closures Seen As Boost To Demonetization Efforts
December 14, 2018  |  Cash

In November 2016, the Indian government issued a ban on the nation’s higher-denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency invalid....

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How Vendors Can Lower The Cost (And Risks) Of Card Acceptance
How Vendors Can Lower The Cost (And Risks) Of Card Acceptance
November 20, 2018  |  B2B Payments

With payment bigwigs like Visa, Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than...

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UK Court Sends Retailer/Credit Card Fee Fight To Competition Tribunal
UK Court Sends Retailer/Credit Card Fee Fight To Competition Tribunal
July 05, 2018  |  Legal & Regulation

The U.K.’s Court of Appeal ruled Wednesday (July 4) that a fight between U.K. retailers and credit card companies over fees has to be reexamined...

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