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Nearly 1,000 Merchants Tell Judge Proposed Settlement of Visa/Mastercard Lawsuit is ‘Riddled With Loopholes’
1+ hour, 23+ min ago (35+ words) Merchants Payments Coalition Nearly 1,000 Merchants Tell Judge Proposed Settlement of Visa/Mastercard Lawsuit is ‘Riddled With Loopholes’...
Trump Again Calls for Credit Card Swipe Fee Reform
3+ day, 17+ hour ago (480+ words) WASHINGTON—President Donald Trump renewed his call for credit card swipe fee reform Wednesday evening, saying during the Republican midterm convention in Dallas that reducing the fees would save families money. “We will cut out-of-control credit card swipe fees, saving…...
Trump Targets Hidden Swipe Fees Costing Families $1,200 Yearly
3+ day, 20+ hour ago (865+ words) Founded by Dan Weber in 2007, AMAC champions mature Americans—protecting their dignity, security, and legacy for generations to come. by AMAC — The Association of Mature American Citizens Visa and Mastercard control 85 percent of the network market and charge a 2.36 percent…...
Mastercard Sued by 300 Hotel Companies in UK Over Swipe Fees
4+ day, 10+ hour ago (420+ words) Mastercard has been sued by around 300 hotel companies in Britain over card payment fees, in the latest antitrust challenge over the costs merchants incur when accepting card transactions. According to Law360, the hotel companies are challenging Mastercard over multilateral interchange fees,…...
Will Bank case could lead merchant acquirers to sue Mastercard
5+ day, 17+ hour ago (286+ words) Another complex issue involves payments being made by EFB Regimes Especiais de Empresas, the liquidator appointed by the Central Bank of Brazil (BC) to manage Will. In February, the Brazilian Association of Credit Card and Services Companies (Abecs) publicly complained…...
Big changes are coming to points and credit cards: How much will it cost you?
5+ day, 19+ hour ago (1269+ words) Why did you choose this rating? If you earn frequent flyer or reward points on your credit card, big changes are coming soon. From the 1st of October, many frequent flyer and reward points earning credit cards are seeing big downgrades....
How bank fees are squeezing your budget: Should you and your bank go on a break?
1+ week, 6+ day ago (727+ words) In this era of no-fee banking, pesky fees still exist. Here’s how to avoid them....
Letter: Thanks to Angus King for seeking to lower credit card swipe fees
2+ week, 4+ day ago (222+ words) NewsBreak: Local News & Alerts Send your letters to [email protected][Everlit Audio Player]When it comes to cutting through partisan noise to view policies on their merits, Sen Angus King is at the top of my list That should make Kingâ…...
OHI Seeking Support for Credit Card Settlement Opposition
3+ week, 2+ day ago (191+ words) EDITOR’S NOTE: The following information came from OHI and its partners at the Merchant Payments Coalition. OHI has been fighting hard for your business in DC to get credit card processing fees under control. Meanwhile, the credit card companies are…...
OHI Urges Members to Sign Letter Against Credit Card Settlement - RVBusiness - Breaking RV Industry News
3+ week, 3+ day ago (154+ words) OHI Urges Members to Sign Letter Against Credit Card Settlement RVBusiness EDITOR’S NOTE: The following press release came from OHI and its partners at the Merchant Payments Coalition. OHI has been fighting hard for your business in DC to get…...