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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
The post Visa and Mastercard deny reports they will raise interchange fees appeared first on Payments Cards & Mobile.
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
The post Visa and Mastercard plan to increase US interchange fees appeared first on Payments Cards & Mobile.
Increase in co-branding driving growth in international card schemes
Despite government backing of domestic schemes in some markets, cards are increasingly being co-branded with international card schemes due to customer desire for maximum acceptance, rewards and other benefits. This... read more
The post Increase in co-branding driving growth in international card schemes appeared first on Payments Cards & Mobile.
Department of Justice widens antitrust probe to include Mastercard
Mastercard has announced that the US Justice Department (DOJ) is conducting an antitrust investigation of its US debit program and competition with other payment networks. The company says it had... read more
The post Department of Justice widens antitrust probe to include Mastercard appeared first on Payments Cards & Mobile.
Mastercard becomes a trusted provider of Digital ID in the UK
Mastercard announced it is now certified under the United Kingdom’s Digital Identity and Attributes Trust Framework (DIATF) as an Digital ID provider. Mastercard can now offer ID, its digital identity... read more
The post Mastercard becomes a trusted provider of Digital ID in the UK appeared first on Payments Cards & Mobile.
