The card networks rejected retailers’ objections to a proposed court settlement and suggested plaintiffs are too optimistic ...
Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Since card giant Visa instituted a new program for ...
A proposed legal settlement between Visa, Mastercard and U.S. merchants could soon change how some shoppers pay at checkout.
Visa, Mastercard and its card-issuing banks agreed to a giant antitrust settlement to cap processing credit card fees among U.S. merchants, potentially ending close to two decades of litigation. The ...
NEW YORK - A landmark antitrust class action settlement has been reached between U.S. merchants and Visa and Mastercard to resolve claims for a lawsuit entitled "In re Payment Card Interchange Fee and ...
Effective April 15, 2023, Visa has implemented a reduction in the permissible merchant surcharge to the lower of: (a) the merchant discount rate (MDR) for the applicable credit card or (b) 3%. The MDR ...
As the digital economy continues to grow, people are relying on virtual transactions more than ever. But with the expansion of digital money movement comes new opportunities for fraudsters to exploit ...
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Visa says stablecoin settlement volumes are surging, annualized at $4.5 billion now
Visa is now clearing stablecoin payments at a yearly rate of $4.5 billion, as demand picks up from companies offering ...
Following a Crypto.com issuer pilot, Visa expands stablecoin settlement capabilities with Circle’s USDC, adding pilot programs with merchant acquirers Worldpay and Nuvei, and utilizing the Solana ...
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