18 Nov 14 @ 11:27

This week, Europe’s politicians begin trialogue talks to decide final rules on how much payment cards will cost merchants and consumers in card fees. The end goal is more competition... read more

12 Sep 14 @ 12:53

Joe Oliver, the Canadian Finance Minister, is said to be pressing credit card companies and banks to accept lower credit card fees paid by retailers, which the government claims are among... read more

11 Sep 14 @ 10:36

UK retailers have today welcomed an historic court ruling to end card fees retailers pay banks to process card payments (known as interchange fees). Today’s judgement by the European Court... read more

20 Aug 14 @ 15:10

M-Pesa, the African mobile money phenomenon, will see its transaction fees for low-value payments being significantly reduced as its owner, Vodafone subsidiary Safaricom, prepares to fight competition from rival services... 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

03 Apr 14 @ 13:05

The European Parliament is to support the cap on costs of all credit and debit cards at reasonable levels across Europe but is allowing member states to set even lower... read more

27 Mar 14 @ 10:42

Embattled Wal-Mart Stores has filed suit against Visa this week in U.S. District Court (Fayetteville) claiming the defendant conspired with large banks to fix interchange fees charged to merchants between Jan... read more

03 Mar 14 @ 10:28

Visa Europe will cap the transaction fees it charges, the European Commission said on Wednesday, curbing an important money earner for banks behind the payment scheme. Europe’s antitrust regulator accepted on... read more

21 Feb 14 @ 15:47

The card payment fees that banks charge retailers for processing shoppers’ payments should be capped, Economic and Monetary Affairs Committee MEPs decided in a vote on Thursday. The cap would apply... read more

14 Feb 14 @ 10:59

European consumers are concerned that draft EU legislation currently under discussion would make paying with cards more expensive and more complicated. According to a recent poll in 13 European countries, 2... read more

14 Nov 13 @ 11:20

PayPal is giving digital start-ups a helping hand by waiving up to $50,000 in payment processing fees for 18 months. PayPal’s Start-up Blueprint Program reduces the costs for start-ups helping... read more

30 Oct 13 @ 17:34

PayPal is giving digital startups a helping hand by waiving up to $50,000 in payment processing fees for 18 months. PayPal’s Startup Blueprint Program reduces the costs for startups helping them get... read more

26 Sep 13 @ 09:18

In an aggressive move, in the increasingly noisy mobile POS market, SumUp, has announced a significant reduction of its transaction fee. In the UK, SumUp will cut its fee to... read more

24 Sep 13 @ 14:19

Visa and MasterCard have agreed to cut the fees to process credit card transactions in France by almost half. The French Competition Authority announced the agreement with Visa and MasterCard in the wake of... read more

05 Aug 13 @ 10:43

A U.S. judge ruled on Wednesday that the Federal Reserve ignored the intent of Congress regarding a controversial cap on debit card “swipe fees” that are part of a dispute... read more

24 Jul 13 @ 01:39

The European Union’s executive body proposed a strict cap on credit and debit card fees on Wednesday, in a move it said could save consumers billions of euros. The proposal,... read more

14 May 13 @ 00:00

Visa Europe has offered to cap its inter-bank credit card fees at 0.3% of transaction value for four years, the same level as the rival MasterCard  network, to end a... read more

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step towards resolution after a... read more

22 Apr 26 @ 19:35

The battle over interchange fees in the United States has moved well beyond a state level policy dispute. By intervening both in court and through the regulatory process, the Office... read more

18 Nov 25 @ 16:16

A fresh settlement between Visa, Mastercard and US merchants promises to trim interchange fees—yet the concessions may do little to shift the balance of power in America’s card-payments ecosystem. After... read more