Skip to content
payment card interchange fees RSS
Visa and Mastercard cite increased post Brexit fraud for interchange fees hike
Visa and Mastercard have both cited fraud as the primary reason for their respective increase in interchange fees between the UK and the EU after Brexit. Both companies face a... read more
The post Visa and Mastercard cite increased post Brexit fraud for interchange fees hike appeared first on Payments Cards & Mobile.
US Supreme Court rejects $7.25 billion card interchange fees revival bid
The US Supreme Court has declined a bid by retailers to revive a $7.25 billion antitrust settlement they reached with Visa and Mastercard over claims the card networks improperly fixed payment card interchange fees. The high court left in place a lower court decision that threw out the interchange fees settlement on the basis that it [...]
The post US Supreme Court rejects $7.25 billion card interchange fees revival bid appeared first on Payments Cards & Mobile.
