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Visa is reported to be following Mastercard’s earlier decision and plans to increase interchange fees on purchases made by British customers from most of Europe. The company is preparing to... read more

The post Visa follows suit and raises interchange fees for UK card holders appeared first on Payments Cards & Mobile.

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Intuit, a US business and financial software company that develops and sells financial, accounting, and tax preparation software is reported to be suing Mastercard and Visa for fixing interchange fees... more

The post Intuit set to sue Visa and Mastercard over anti-competitive interchange fees appeared first on Payments Cards & Mobile.

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Some of the many benefits that were predicted from Brexit may not realise their early promise and interchange fees may be top of that list! The Prudential Regulation Authority talked... more

The post Brexit related interchange fees argument rumbles on appeared first on Payments Cards & Mobile.

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Acquiring, Daily news, E-Commerce, interchange, Interchange Fee, interchange fees, M-Commerce, POS Terminals -

Mastercard has announced that it will raise interchange fees by about five times the current limit when a UK card holder uses a debit or credit card to buy from... more

The post Mastercard hikes up interchange fees for non UK merchants appeared first on Payments Cards & Mobile.

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Acquiring, Daily news, Interchange Fee, interchange fees, MasterCard interchange fees, MasterCard legal battle, Payments News -

The UK Supreme Court has ruled that it will allow a $18.5 billion (£14 billion) class action to proceed against Mastercard for allegedly overcharging on interchange fees to more than... more

The post Mastercard faces down $18.5 billion UK Supreme Court interchange fees class action appeared first on Payments Cards & Mobile.

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