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Credit card interchange fees backlash grows as US heavy weigh expands Visa ban
US mega merchant Kroger Co. is considering expanding a ban on Visa credit cards imposed by one of its subsidiaries, in the...
Mastercard and Visa hit with setback in UK interchange fees law suit
In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in...
Visa and Mastercard moving towards resolution of interchange fees lawsuit
The two big card networks Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees charged...
Visa hit by EC complaint over damaging fee changes initiated by CMSPI
An independent payments consultancy, CMSPI, has initiated a complaint with the European Commission over changes Visa is making to its...
UK warning as Link plans ATM interchange reductions
Link – the UK’s largest cash machine network – wants to lower the interchange fee that card issuers in the...
Visa wins High Court interchange fees battle with Sainsbury’s
As Sainsbury’s prepares to appeal after it lost a High Court case with Visa over a long-running row over interchange fees, Visa has welcomed the...
Visa wins High Court interchange fees battle with Sainsbury’s
As Sainsbury’s prepares to appeal after it lost a High Court case with Visa over a long-running row over interchange fees, Visa has welcomed the...
US merchants paid $88.39 billion in card fees in 2016
Credit, debit, and prepaid general purpose and private label cards issued in the United States generated $5.936 trillion in payments...