Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.
Under the new proposal, Visa and Mastercard would lower swipe fees by an average of around 0.1 percentage point for several ...
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 ...
Industry advocacy groups say the proposed reduction in swipe fees is inadequate and does not apply to interchange fees. According to Martz, the reduction in swipe fees is inadequate because it is just ...
It could lower costs for businesses and consumers, but fee reductions end after five years. Many or all of the products on this page are from partners who compensate us when you click to or take an ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Retailers, charities, universities, travel and hospitality ...
Account-to-account payments are a double-edged sword for Visa and Mastercard. The product could easily cut into card volume, but if they play their hand right, it could also provide the networks with ...
Are you looking for a new rewards credit card? You may be evaluating various welcome offers, rewards and redemption options. But when considering a credit card's features, remember to consider the ...
Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...
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