For decades, interchange rates have resembled a laminated chart: fixed categories, annual updates. That model is shifting. Dynamic interchange is arriving, where fees are no...
Visa, Mastercard and Revolut lost a fight over a proposed transaction fee cap in the United Kingdom. The High Court in London ruled Thursday (Jan....
Speaking at a recent financial conference, American Express’ CEO offered a blunt opinion on surcharges. “Our card members should not be discriminated against,” Steve Squeri said...
In 1878, Randolph McCoy accused Floyd Hatfield of stealing a pig. The trial ruled in favor of Hatfield. That pig became the spark that ignited...
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...
Visa and Mastercard’s 20-year legal battle over interchange fees is reportedly winding down. The two payment giants are close to a settlement with merchants that...
Watch more: Need to Know: Boost Payment Solutions, Dean M Leavitt Interchange has always shaped how suppliers view card payments. A small change in the...
Visa reportedly must continue to face a class action lawsuit filed by merchants alleging that the company has a monopoly in the debit card market....