For the past 2 decades, merchants have been battling Visa and Mastercard over interchange fees. This is the small percentage ...
Visa and Mastercard would lower swipe fees, also called interchange fees, by 0.1 percentage point for five years—they averaged 2.35 percent last year, according to Reuters. Standard consumer rates ...
What’s in your wallet? Capital One is making a $35 billion bet that the answer will soon be: more of its credit cards. For now, not a lot. Given that the deal isn’t expected to be finalized until late ...
President Donald Trump recently announced a proposed “Gold Card” visa, sparking speculation about its potential impact on the EB-5 Immigrant Investor Program. While details remain unclear, this ...
Visa and Mastercard ended a long-simmering lawsuit with merchants revolving around “swipe fees,” as the two companies announced a settlement that will lower those fees for merchants by $30 billion ...