PYMNTS-MonitorEdge-May-2024

credit card fees

Today In Data: Adapting To The New Rules As Written
Today In Data: Adapting To The New Rules As Written
January 29, 2019  |  Today In Data

Digital commerce is evolving around the world. In some places, like India, it is happening by statute, and leaving no small amount of confusion in...

READ MORE >
CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees
CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees
January 28, 2019  |  Regulation

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets)...

READ MORE >
UK Court Sends Retailer/Credit Card Fee Fight To Competition Tribunal
UK Court Sends Retailer/Credit Card Fee Fight To Competition Tribunal
July 05, 2018  |  Legal

The U.K.’s Court of Appeal ruled Wednesday (July 4) that a fight between U.K. retailers and credit card companies over fees has to be reexamined...

READ MORE >
Amazon Pays Merchants To Use Amazon Pay
Amazon Pays Merchants To Use Amazon Pay
May 03, 2018  |  Amazon

Amazon is offering discounts to merchants who use its online payments service. According to Bloomberg, online merchants using Amazon’s service have paid about 2.9 percent...

READ MORE >
JPMorgan Hit With Lawsuit Over Crypto Transaction Fees
JPMorgan Hit With Lawsuit Over Crypto Transaction Fees
April 12, 2018  |  Legal

JPMorgan Chase is being sued in Manhattan federal court for allegedly charging surprise fees when it stopped allowing its customers to buy cryptocurrency with credit...

READ MORE >
Amex Makes Biggest Fee Cut In Two Decades
Amex Makes Biggest Fee Cut In Two Decades
March 12, 2018  |  Payment Methods

Good news for retailers doing business with American Express: The company is planning to cut its fee more than it has in two decades. According...

READ MORE >
Bancorp Bank Fined $2M For Prepaid Card Fees
Bancorp Bank Fined $2M For Prepaid Card Fees
March 08, 2018  |  Bank Regulation

The Bancorp Bank, among the largest prepaid card issuers, will pay $2 million to settle claims that it charged fees higher than those disclosed to...

READ MORE >
US Supreme Court Questions Both Sides In Amex Antitrust Suit
US Supreme Court Questions Both Sides In Amex Antitrust Suit
February 27, 2018  |  ANTITRUST

American Express’s card rules for merchants prompted debate at the Supreme Court Monday, as the justices considered whether to revive a government antitrust lawsuit challenging...

READ MORE >
Supreme Court Rules On Merchant Free Speech And Swipe Fees
Supreme Court Rules On Merchant Free Speech And Swipe Fees
March 30, 2017  |  Regulation

Retailers have gotten an official clarification from the U.S. court of last resort regarding what their first amendment rights are when it comes to talking...

READ MORE >