Given the combination of sky-high household debt (in the U.S. and abroad), rekindled inflation, lousy consumer sentiment, and ...

UPDATE: In the massive antitrust class action against Visa, Mastercard and more than 25 banks, the deadline has been extended to February 4, 2025 for victims of overpaid credit or debit card ...

Taking humans out of purchases is likely to multiply transactions and thereby boost fees, chief financial officers of the card networks said.

Visa, Mastercard and a few class-action lawyers recently announced a proposed settlement in long-running litigation about the unfair ways that the major credit card companies and banks impose credit ...

V and MA face growing U.K. and European scrutiny as regulators push for more fee transparency and regional payment ...

・The Credit Card Competition Act, introduced in 2023, is legislation that would “enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard ...

Europe is preparing one of the biggest changes to its financial system in decades: the digital euro. Today, most digital payments in Europe rely on American companies like Visa and Mastercard. Every ...

WASHINGTON, Dec 19 (Reuters) - Visa and ‌Mastercard have agreed to pay ‌a combined $167.5 million to settle a class action lawsuit accusing them of conspiring to keep ATM access fees artificially high ...

A US judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards. US District Judge ...

Visa/Mastercard may cut swipe fees a hair (about 0.1%), which helps stores but won’t show up as obvious price drops for shoppers Stores could get more power to favor cheaper cards and even say “no” to ...