PYMNTS-MonitorEdge-May-2024

credit card swipe fees

Visa, Mastercard Warn of ‘Unintended Consequences’ From CCCA at Senate Hearing
Visa, Mastercard Warn of ‘Unintended Consequences’ From CCCA at Senate Hearing
November 19, 2024  |  Credit Cards

So called “credit card swipe fees” — specifically, interchange fees — burden consumers and businesses, resulting in higher prices charged for goods and services, critics...

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Rejected: Judge Nixes $30 Billion Swipe Fee Settlement
Rejected: Judge Nixes $30 Billion Swipe Fee Settlement
June 25, 2024  |  Legal

Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. And...

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Mastercard, Visa Settlement Could Impact Rewards Small Businesses Value
Mastercard, Visa Settlement Could Impact Rewards Small Businesses Value
March 29, 2024  |  Credit Cards

This week, Mastercard and Visa reached a multi-billion dollar settlement that may bring an end to 20-year legal battle between the two financial giants and merchants....

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Mastercard, Visa Reach Settlement With Merchants in Swipe Fee Lawsuit
Mastercard, Visa Reach Settlement With Merchants in Swipe Fee Lawsuit
March 26, 2024  |  Credit Cards

Mastercard and Visa have reached a class action settlement with U.S. merchants, in a deal that aims to end 20 years of antitrust litigation around...

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Will NY’s New Limits Herald the End of Credit Card Surcharges?
Will NY’s New Limits Herald the End of Credit Card Surcharges?
February 12, 2024  |  Credit Cards

State by state, limit by limit, the age of credit card surcharges may be drawing to an end. And while much depends on various legal...

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 2024: The Year for Pay-by-Bank
 2024: The Year for Pay-by-Bank
January 12, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Block Sues Visa and Mastercard Over Interchange Fees
Block Sues Visa and Mastercard Over Interchange Fees
July 17, 2023  |  Legal

Visa and Mastercard have been accused by Block of conspiring to inflate fees and increase retail prices paid. The antitrust lawsuit filed Friday (July 14)...

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