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News tagged with “interchange fee”. Found: 500 tagged news reports.
 

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New York City :: NY :: USA | 3 days ago

Credibility Credibility of 5

A federal judge declined on Friday to dismiss antitrust lawsuits filed against Visa Inc and MasterCard Inc by retailers who opted out of an estimated $5.7 billion class action settlement in 2012 over transaction fees. Retailers such as Target Corp

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Auckland :: New Zealand | 7 days ago

Credibility Credibility of 5

The inquiry is considering changes to interchange fees, which banks levy for card transactions. These increase credit card fees and interest rates for consumers. The inquiry is considering banning the fees, and allowing merchants to with real time

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Many :: LA :: USA | 15 days ago

Credibility Credibility of 5

They're poaching turf long claimed by payment networks Visa, MasterCard and American Express and the industry of processors that handle credit and debit card transactions. "The digitalisation of money is a great leveller," said Nick Holland, a senior

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New York City :: NY :: USA | 18 days ago

Credibility Credibility of 5

American Express Co is set to face off against the U.S. government and 17 states in a trial that begins on Monday over claims that it stifles competition from credit card providers that charge lower processing fees. At issue in the trial, expected to

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London :: United Kingdom | 29 days ago

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The payments, known as multilateral interchange fees or MIFs, have long been a subject of heated debate. The fees are charges during transactions between the merchant and buyer's banks. MasterCard, found that 59% of merchants in the United Kingdom,

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Sydney :: Australia | 1 month ago

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The big four banks alone made more than $27 billion in profits in 2012/13, making Australia's banking sector one of the world's most successful. The Australian Bankers' Association said while the banks were raking in more fee income, the amount of

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California City :: CA :: USA | 1 month ago

Credibility Credibility of 5

My initial thought is that I should take Social Security as soon as I'm eligible and use it while I'm in good health for travel and other activities. A friend who is in a similar situation says to wait and enjoy the emotional safety that if the need

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Berlin :: Germany | 1 month ago

Credibility Credibility of 5

MasterCard Inc, the world's second-largest debit and credit card company, sees business booming from selling data to retailers, banks and governments on spending patterns found in the payments it processes, a top executive told Reuters. MasterCard,

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Alexandria :: VA :: USA | 1 month ago

Credibility Credibility of 5

The market then turned higher after the Institute for Supply Management nonmanufacturing report indicated stronger than expected output in the service sector of the U.S. economy. V     ) , the top-weighted company on the Dow, dropped as far as $209.

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Alexandria :: VA :: USA | 1 month ago

Credibility Credibility of 5

At the same time, about 60% of total payment volume was still processed with cash. To say that this ecosystem is large is a laughable understatement...Forty years ago payments were processed with cash and checks. Then came the plastic card, imprinted

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