Visa
Visa, Mastercard to extend non-EU card fee caps to 2029
They agreed to extend a 0.2% fee cap on non-EU debit card payments and a 0.3% fee limit on credit card paymentsVisa and Mastercard will extend caps on tourist...
US judge rejects Visa, Mastercard US$30 billion swipe fee settlement
A US judge on Tuesday (Jun 25) rejected a US$30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit...
Visa settles Discover unit’s antitrust lawsuit over debit card network
Discover Financial Services unit Pulse Network has agreed to settle a lawsuit in Texas accusing Visa of obstructing competition in the multibillion-dollar debit card network services market, causing merchants...
Judge likely to kill US$30 billion Visa, Mastercard swipe-fee deal
A US$30 billion settlement between Visa, Mastercard and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the...
Britain to rein in Mastercard and Visa fees on retailers
THERE is little evidence that big hikes in fees by Visa and Mastercard on retailers who use their cards have also led to major improvement in service, Britain’s Payment...
Visa adds new way to share customer shopping data with retailers
VISA is rolling out new technology that will allow the payments giant to share more information about customers’ preferences based on their shopping history with retailers as it seeks...
JPMorgan sees gain of about US$8 billion from Visa exchange offer
JPMORGAN Chase & Co said it expects to book an US$8 billion accounting gain after completing its part of a deal with Visa letting big banks restructure their stakes...
Visa results beat expectations on strong consumer spending trends
VISA sailed past Wall Street estimates for second-quarter profit and revenue on Tuesday (Apr 23), as consumers shrugged off worries of a slowing economy and high interest rates to...
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