Revolut, Visa and Mastercard have lost a legal battle in the UK over a proposed regulatory cap on fees from international ...
In a Truth Social post, President Trump backed a bill called the Credit Card Competition Act (sometimes called the ...
I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...
LONDON, Jan. 15 (Xinhua) -- A United Kingdom (UK) court on Thursday upheld the powers of the country's payments watchdog to cap cross-border card fees on online transactions, rejecting a legal ...
The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...
Mastercard , Visa and British fintech Revolut on Thursday lost a legal challenge to Britain's payments regulator over its ...
First President Donald Trump targeted the interest rates credit-card companies levy against US consumers. Now he’s targeting ...
Retail Insight Network on MSN

Why US retailers want new swipe fee legislation

US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.
(CNN) — Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards. The deal, which is still ...
Recent updates show Mastercard continuing to earn fees on every network transaction, investing in tokenization and open ...
There are four well-established national credit networks— American Express, Discover, Mastercard, and Visa. Additionally, ...