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Canadian retailer group fight for lower credit-card fees
A group of Canadian retailers and other businesses are pushing for lower credit-card fees from major payment networks amid a long standing battle over what they claim are inflated Canadian rates. The two largest credit-card companies, Visa Canada and MasterCard Canada, charge businesses an average of 1.5% of their transactions for accepting the plastic, with [...]
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Visa denies claims over cryptocurrency purchasing policy changes
It has been reported that both Visa and Mastercard were planning to change the policies they have in place when it comes to purchasing of cryptocurrency. The reports add that both Visa and Mastercard were changing how cryptocurrency transaction are coded so as to stop considering them as cash advances. Visa has now stated that [...]
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Visa sensory branding elements – sound, animation and haptic – for completed transactions
Visa has announced a suite of sensory branding that will support the Visa brand in an expanded universe of connected, payment-enabled devices. These new sound, animation and haptic (vibration) cues will help signify completed transactions in digital and physical retail environments when you pay with Visa. “For 60 years, the Visa brand has been a global symbol of innovation, speed, [...]
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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 decision which confirms that its interchange fees, are lawful. The supermarket... more
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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 decision which confirms that its interchange fees, are lawful. The supermarket was seeking damages for losses it alleged to have been caused by the fixing of interchange fees, which it claims breach UK and EU competition [...]
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