The world of credit card processing is notoriously opaque. American Express recently argued before the U.S. government that few of its merchants understand the complicated pricing structures of Visa, ...
Under the new agreement, Visa and Mastercard would reduce swipe fees by 0.1 percentage point for five years. Additionally, ...
Third time's a charm? Visa and Mastercard said they've reached a credit card swipe-fee deal (again) with merchants. Would it save consumers money?
A bipartisan bill aimed at increasing competition in the Visa- and Mastercard-dominated credit card processing network is gaining momentum in Washington as companies take sides on whether it will ...
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