14 Feb 18 @ 16:27

The British Airways American Express credit card is among those likely to be removed from the UK market after the European Court of Justice (ECJ) issued a ruling against the... 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

28 Jul 17 @ 13:57

A New EU directive coming will make it illegal to surcharge for Debit and Credit cards. In the UK the government has extended this to include American Express and PayPal. In 2010... read more

18 May 17 @ 10:24

Credit, debit, and prepaid general purpose and private label cards issued in the United States generated $5.936 trillion in payments for goods and services in 2016. Card fees, which include... 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

20 Feb 17 @ 16:45

National Payments Corporation of India which owns Rupay and Visa and Mastercard have launched the BharatQR – an app-based ‘scan and pay’ solution for small shops. This is the first time in the... 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

09 Sep 16 @ 09:18

A £14 billion legal claim has been filed against Mastercard on behalf of UK consumers seeking damages for anti-competitive card fees. In 2014, the European Court of Justice ruled that... read more

03 Aug 16 @ 10:46

JPMorgan Chase has agreed to pay a total of $446,822 to thousands of ex-prisoners to settle a class-action suit claiming the bank ripped them off with fees associated to their post release, jail... 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

02 Nov 15 @ 09:00

ATM Industry Association (ATMIA) issued a response to misleading statements about ATM fees contained in a rash of recent US news articles. Political reactions to those articles, branding the fees... read more

18 Aug 15 @ 13:25

According to Sydney Morning Herald, Australia’s largest banks are fighting with Apple, as it tries to muscle Apple Pay into the hotly contested payments market. According to sources, fees are a big sticking... 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 Jun 15 @ 10:24

With more Americans using credit, debit and prepaid goods to pay for goods and services, the merchant card processing fees to process those cards continues to rise. General purpose and private... read more

18 May 15 @ 17:13

MasterCard is reportedly poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three people with knowledge of the case. Regulators may send a statement... read more

09 Mar 15 @ 15:50

Samsung, which is gearing up to launch its own mobile payment service, Samsung Pay, in Korea and the US this summer, has decided not to collect fees on Samsung Pay... read more

27 Jan 15 @ 11:24

CHAPS, the UK’s same day high-value payment system operator, has reduced CHAPS participation fees by 50% for existing and prospective low-volume Direct Participants. This restructuring of its funding model honours... 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