Interchange Fee

21 Sep 22 @ 16:34

Last week, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives merchants a choice in the routing... read more

20 Sep 22 @ 12:40

Debit cards drive payments card growth as contactless usage continues to rise and consumer spending recovers after the height of the pandemic. Card usage will keep growing as new spending... read more

02 Sep 22 @ 13:29

Some experts say cards are a legacy technology while digital wallets and alt-pays are the future. But more powerful cards with multiple functions and better security are fighting back. So... read more

25 Aug 22 @ 13:24

Visa and Mastercard have both cited fraud as the primary reason for their respective increase in interchange fees between the UK and the EU after Brexit. Both companies face a... read more

23 Aug 22 @ 15:31

Request to Pay (R2P) is a hot industry buzzword. While still in its infancy, Request to Pay promises greater control and faster settlement for consumers and businesses alike. Payments Cards... read more

20 Jul 22 @ 09:44

Apple has been sued in a proposed class action by payment card issuers accusing it of abusing its market power in mobile devices to thwart competition for the Apple Pay... read more

21 Jun 22 @ 16:57

The UK’s Payment Systems Regulator (PSR) has set out its plans showing how it proposes to carry out two market reviews focusing on card fees. One looks at scheme and... read more

17 Jun 22 @ 11:47

The India Central Bank has lifted its restrictions on Mastercard issuing new cards in the domestic market, nearly a year after imposing the ban, after it demonstrated “satisfactory compliance” with... read more

01 Jun 22 @ 13:02

Mastercard finds itself in the dock with the Australian Competition and Consumer Commission (ACCC) which has launched an civil action over alleged anti-competitive pricing activity in the card payments market.... read more

29 Apr 22 @ 18:02

Visa has (again) posted much stronger than expected Q1 2022 earnings amid a consumer spending rebound powered in part by business and personal travel following a “short-lived” jump in Omicron... read more

10 Mar 22 @ 12:04

As per previous Payments Cards & Mobile reports, former financial services ombudsman Walter Merricks is bringing, a now £14 billion interchange fees claim, on behalf of around 46 million people... read more

09 Mar 22 @ 12:21

The Merchants Payments Coalition (MPC) has called on Congress to investigate Visa and Mastercard’s anticompetitive interchange fees and dominance over the US credit and debit card markets, citing President Biden’s... read more