19 Feb 19 @ 14:55

Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... read more

06 Feb 19 @ 05:57

Visa and Mastercard have offered to cut merchant interchange fees for non-EU credit and debit cards by at least 40 percent to end an EU antitrust investigation, part of a... read more

22 Jan 19 @ 12:12

The European Commission has fined Mastercard a meaty €570.6 million ($648.3 million) for limiting the possibility for merchants to benefit from better interchange fees offered by banks elsewhere in the European... read more

04 Dec 18 @ 16:46

Visa and Mastercard have offered to cut merchant interchange fees for non-EU credit and debit cards by at least 40% to end an EU antitrust investigation, part of a decades-long... read more

19 Sep 18 @ 09:56

Visa and Mastercard along with a group of their top US acquirer banks have proposed a $6.2 billion settlement of the long-running antitrust lawsuit over the interchange fees they charge... read more

09 Aug 18 @ 14:39

Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees, according to people familiar with the agreement. The two companies and banks including JPMorgan Chase, Citigroup... read more

07 Aug 18 @ 12:53

US mega merchant Kroger Co. is considering expanding a ban on Visa credit cards imposed by one of its subsidiaries, in the latest signal that retailers are preparing a fresh battle over... read more

13 Jul 18 @ 10:41

In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in massive a blow to the card networks which could now... read more

02 Jul 18 @ 15:40

The two big card networks Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees charged when merchants accept card payments, according to people familiar with... read more

01 Dec 17 @ 15:25

As Sainsbury’s prepares to appeal after it lost a High Court case with Visa over a long-running row over  interchange fees, Visa has welcomed the decision which confirms that its interchange fees,  are lawful. The supermarket... read more

29 Mar 17 @ 10:10

The US Supreme Court has declined a bid by retailers to revive a $7.25 billion antitrust settlement they reached with Visa and Mastercard over claims the card networks improperly fixed payment... read more

31 Jan 17 @ 08:50

Mastercard has fought off a legal battle against a group of retailers including Asda, Morrison, New Look and Next in the High Court connected to interchange fees. Mastercard is fighting at least 10 separate lawsuits... read more

08 Jan 17 @ 15:39

Walmart and Visa have ended an acrimonious and public battle over interchange fees that saw the Walmart refuse to accept Visa credit cards in its northern Ontario and Manitoba stores.... read more

06 Jul 16 @ 12:00

UK consumers are preparing a £19 billion ($24.7 billion) class action lawsuit against MasterCard, almost two years after a European Union court ruled the interchange fees the company had charged for cross-border... read more

09 Jul 15 @ 14:54

The European Commission has sent a Statement of Objections to MasterCard. The Statement of Objections outlines the Commission’s preliminary view that MasterCard’s rules prevent banks from offering lower interchange fees... read more

30 Mar 15 @ 15:34

Following the release of the final compromise text for the proposed regulation on interchange fees for card-based payment transactions (the MIF Regulation) on 19 January 2015, European countries finally endorsed... read more

22 Jan 15 @ 14:16

Following the release of the final compromise text for the proposed Regulation on interchange fees for card-based payment transactions (the MIF Regulation) on 19 January 2015, European countries have finally... read more

18 Dec 14 @ 11:33

Interchange fees to process debit and credit card transactions are to be capped under an EU law that attempts to wrap-up a protracted battle with payment groups such as Visa... read more

02 Oct 14 @ 15:10

MasterCard has lost a court challenge to a European Union (EU) antitrust lawsuit on cross-border interchange fees. The EU’s Court of Justice ruled that the fees set by MasterCard had... read more

24 Jun 14 @ 11:57

A new survey shows that the majority of high value retailers in Europe believe that draft EU rules to cap interchange fees for electronic payments should only go ahead if... read more