Interchange Fees

UK Competition Regulator Says Visa and Mastercard Fees Violate Law
UK Competition Regulator Says Visa and Mastercard Fees Violate Law
June 27, 2025  |  Regulation

The U.K.’s Competition Appeal Tribunal ruled unanimously Friday (June 27) that Visa and Mastercard’s multilateral interchange fees violate European competition law. Get the Full Story...

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Credit Card Competition Act Not Part of GENIUS Bill, But Swipe Fee Debate Endures
Credit Card Competition Act Not Part of GENIUS Bill, But Swipe Fee Debate Endures
June 20, 2025  |  Politics

The debate over regulation of the credit card industry will likely linger no matter what the fate of the Credit Card Competition Act (CCCA) might...

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Illinois Governor Signs 1-Year Delay of Law Limiting Interchange Fees
Illinois Governor Signs 1-Year Delay of Law Limiting Interchange Fees
June 18, 2025  |  Credit Cards

Illinois has delayed for one year the implementation of a law that would bar companies from charging interchange fees on the tax and tip portions...

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Illinois Lawmakers Vote to Delay Implementation of Interchange Fees Law
Illinois Lawmakers Vote to Delay Implementation of Interchange Fees Law
June 02, 2025  |  Legal

The Illinois state legislature voted Sunday (June 1) to delay the implementation of a law that would bar companies from charging interchange fees on the...

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Report: European Commission Looking Into Visa and Mastercard Fees
Report: European Commission Looking Into Visa and Mastercard Fees
May 23, 2025  |  Regulation

The European Commission is reportedly looking into fees charged by Visa and Mastercard in a move that could lead to a formal probe. Get the...

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UK Tribunal Finalizes Settlement in Class Action Against Mastercard
UK Tribunal Finalizes Settlement in Class Action Against Mastercard
May 20, 2025  |  Legal

The U.K.’s Competition Appeal Tribunal announced its judgment Tuesday (May 20) in a long-running class action lawsuit that was brought against Mastercard over its swipe...

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Report: European Retailers Seek Antitrust Case Against Mastercard and Visa
Report: European Retailers Seek Antitrust Case Against Mastercard and Visa
May 14, 2025  |  ANTITRUST

A group of trade associations representing European retailers reportedly asked the European Commission to take action against Mastercard and Visa under European Union antitrust rules,...

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Chime Sets Sights on the Affluent Consumer and an $86 Billion Revenue Opportunity
Chime Sets Sights on the Affluent Consumer and an $86 Billion Revenue Opportunity
May 14, 2025  |  Digital Banking

In 2022, as the pandemic waned, PYMNTS Intelligence found that only about 9% of consumers used digital banks for their primary financial relationships and accounts....

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Fed Data Shows Economics of Interchange: 86% of Fees Fund Rewards Programs
Fed Data Shows Economics of Interchange: 86% of Fees Fund Rewards Programs
March 13, 2025  |  Loyalty & Rewards

PYMNTS Intelligence noted in recent research that at the same time that consumers are using their credit cards to navigate an inflationary environment, and to...

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