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Merchant acquiring in the Med – A hot business
Global merchant acquiring volume is set to hit $41 trillion in volume by 2026, with fresh impetus coming from skyrocketing e-commerce growth, soaring contactless usage and a reshaping of business... read more
The post Merchant acquiring in the Med – A hot business appeared first on Payments Cards & Mobile.
PSR fines Barclays bank £8.4 million for breaking interchange fee rule
The Payment Systems Regulator (PSR) have published the outcome of its latest enforcement case into Barclays bank for failing to comply with the Interchange Fee Regulation (IFR). The PSR found... read more
The post PSR fines Barclays bank £8.4 million for breaking interchange fee rule appeared first on Payments Cards & Mobile.
Court of Appeal unanimously dismisses Mastercard interchange fee appeal
The UK’s Court of Appeal has today dismissed Mastercard’s appeal against the Competition Appeals Tribunal decision in which a class action law suits was bought against the company for unfair... read more
The post Court of Appeal unanimously dismisses Mastercard interchange fee appeal appeared first on Payments Cards & Mobile.
Visa, Mastercard and AmEx go big on earnings – Discover down
Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has seen a sell off. Strong consumer... read more
The post Visa, Mastercard and AmEx go big on earnings – Discover down appeared first on Payments Cards & Mobile.
Class action lawsuit served against Visa and Mastercard to contest interchange fees
A significant class action lawsuit has been served against Visa and Mastercard at the UK’s specialist competition tribunal on behalf of a large number of claimants seeking damages for allegedly... read more
The post Class action lawsuit served against Visa and Mastercard to contest interchange fees appeared first on Payments Cards & Mobile.
