New Zealand’s Commerce Commission has proposed reducing the fees the country’s businesses pay for accepting Mastercard and Visa payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
So called “credit card swipe fees” — specifically, interchange fees — burden consumers and businesses, resulting in higher prices charged for goods and services, critics charged at a Senate hearing on Tuesday morning (Nov. 19). Get the Full Story Complete the form to unlock this...
Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
This week, Mastercard and Visa reached a multi-billion dollar settlement that may bring an end to 20-year legal battle between the two financial giants and merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
June 25, 2024
Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]
February 12, 2024
State by state, limit by limit, the age of credit card surcharges may be drawing to an end. Get the Full Story Complete the form to unlock this article and...
May 20, 2025
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 fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]
December 18, 2024
New Zealand’s Commerce Commission has proposed reducing the fees the country’s businesses pay for accepting Mastercard and Visa payments. Get the Full Story Complete the form to unlock this article...
March 26, 2024
Mastercard and Visa have reached a class action settlement with U.S. merchants, in a deal that aims to end 20 years of antitrust litigation around swipe fees and restrictions placed...
July 17, 2023
Visa and Mastercard have been accused by Block of conspiring to inflate fees and increase retail prices paid. Get the Full Story Complete the form to unlock this article and...
