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

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

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

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

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

17 Sep 26 @ 16:55

Nearly 1,000 US merchants have urged a federal judge to reject the latest proposed settlement in the long-running battle over Visa and Mastercard interchange fees, arguing that the agreement offers... read more

09 Jul 26 @ 21:18

Some of the largest banks in the United States are reportedly exploring the acquisition of a debit payments network in a move that could fundamentally reshape the economics of card... 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

15 May 25 @ 10:46

A coalition of Europe’s largest retailers is calling on the European Commission to clamp down on Visa and Mastercard over what they describe as opaque, inflation-exceeding fees that hinder competition... read more

31 May 24 @ 12:45

Visa and Mastercard have agreed to pay $197.5 million in a preliminary settlement with ATM clients who accused the card processors of fixing the price of fees at ATM. The settlement,... read more

26 Mar 24 @ 15:51

Visa and Mastercard have agreed to cut their US interchange fees in what the two companies hope will be a landmark settlement that merchants say will save them $30 billion... read more

30 Oct 23 @ 18:01

The U.S. Federal Reserve is proposing to cut debit card fees that banks charge merchants for processing debit-card transactions by up to 30%, setting up a face off between the... read more