Visa is now requiring merchants interested in receiving discounts on interchange fees for certain transactions to submit more ...
Visa says it will lower its credit card “swipe” fees for online and in-store transactions by 10% for small businesses starting in April. The move comes as the pandemic continues to accelerate a shift ...
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 ...
The merchants’ lawsuit claimed that the payment networks violated antitrust laws by collectively altering changes to chargeback rules.
Visa Inc. won’t face damages claims in a lawsuit by cardholders and merchant plaintiffs who allege the payments giant monopolizes the debit card market.
Merchants are pleased–but not entirely surprised–to hear that the U.S. Department of Justice's antitrust division is taking a close look at Visa Inc.'s unpopular fixed merchant acquirer fee. The ...
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 ...
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 ...
Merchants alleged the major card networks illegally conspired to shift fraud liability onto them with the adoption of EMV chip technology.
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 ...
PARIS--(BUSINESS WIRE)--MONEXT has become the first approved VISA Merchant Agent in France. In other words, MONEXT is approved as a trusted third party on the VISA website. This is the culmination of ...