A federal appeals court has approved a settlement of a class-action lawsuit brought against Visa and Mastercard. The settlement, in which the payment card networks...
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...
The Central Bank of Brazil (BCB) is set to cap interchange fees for prepaid cards starting in April 2023, and it will also standardize the...
On Tuesday (June 21), the U.K.’s Payment Systems Regulator (PSR) detailed plans for two market reviews it will carry out focusing on card fees. One...
Four NatWest Group banks — National Westminster Bank, Royal Bank of Scotland, Ulster Bank and Coutts & Co. — were hit with fines totaling $1.9...
At a U.S. Senate hearing Wednesday (May 4), Visa and Mastercard defended their credit card fees while retailers and consumer groups accused the card networks...
At a Senate Committee on the Judiciary hearing on Wednesday (May 4), interchange fees — levied on merchants as credit cards are swiped, paid out...
Emirates airline is at the forefront of an industry effort to encourage customers to pay carriers directly from bank accounts without involving third parties and...
Interchange fees, assessed by credit card companies on merchants for credit and debit card transactions, have taken center stage. Companies are assessed these costs by...