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Visa and Mastercard deny reports they will raise interchange fees
A week ago Payments Cards & Mobile reported on press reports that Visa and Mastercard were planning to raise network and interchange fees merchants pay when accepting credit cards. Now,... read more
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Visa and Mastercard plan to increase US interchange fees
Visa and Mastercard are planning to raise network and interchange fees merchants pay when accepting credit cards, the increases are set to begin in October 2023 and April 2024. Many... read more
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Block hits Visa and Mastercard with interchange fees suit
Block has hit Visa and Mastercard with a new interchange fees antitrust lawsuit that alleges the payment companies conspired to overcharge the Square payment platform, causing higher retail prices paid by... read more
The post Block hits Visa and Mastercard with interchange fees suit 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
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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.
