PYMNTS-MonitorEdge-May-2024

credit card regulation

Visa and Mastercard Face Calls for More Transparency in UK
Visa and Mastercard Face Calls for More Transparency in UK
May 21, 2024  |  Credit Cards

The U.K.’s payments watchdog says card giants Visa and Mastercard need to offer greater transparency. The Payment Systems Regulator (PSR) said Tuesday (May 21) that it is proposing that both companies...

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New York Imposes New Limits on Credit Card Surcharges
New York Imposes New Limits on Credit Card Surcharges
February 11, 2024  |  Credit Cards

New York state has begun requiring merchants to provide greater transparency about credit card fees. A state law that went into effect Sunday (Feb. 11) limits...

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