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 ...

On Friday, March 22nd, 2024, it was announced that American Express will be sued over its merchant fees in a lawsuit held at Rhode Island federal court. 5,155 merchants claim that Amex’s high fees – ...

Earlier this month, Visa reached a proposed settlement with U.S. merchants to reduce credit interchange fees by 0.1 percentage point over five years and offer merchants greater flexibility in ...

Like most businesses, you may accept credit cards as a form of payment from your customers. This also means connecting with a merchant service provider to complete your transactions. They are the ...

Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have agreed to settle a decadeslong antitrust case brought upon by merchants. The ...

(WHTM) — Remember back during COVID when some restaurants added surcharges to help employees and pay for all that disinfecting? The pandemic may be essentially over but some restaurants are still ...

While U.S. regulators have initiated investigations into the fees that Amazon (NASDAQ:AMZN) charges its merchants, Wells Fargo is confident that the implementation of increased Fulfilled by Amazon, or ...

High card-acceptance fees are the root cause for why some merchants are charging consumers for cash back at the point-of-sale, a service merchants have historically provided consumers even though ...

The Central Bank of Oman has approved a new fee structure for the \"Maal\" consumer debit and prepaid card, significantly ...

Price says proposed debit rules don't cover bank costs Debit interchange fees key part of Dodd-Frank Act CHARLOTTE, N.C./NEW YORK, Jan 5 (Reuters) - The Federal Reserve's proposed caps on fees that ...