credit card interchange Archives

ATM industry’s 15-year suit against Visa, Mastercard almost over

Jonathan Rubin cites progress in the ATM class action suit against Visa and Mastercard as Bruce Renard looks on. NAC 2025: Update on long-time lawsuit The National ATM Council Inc.’s 15-year lawsuit against Visa and Mastercard over ATM transaction charges will be finally coming to a close. That’s according to the attorney who has been fighting the case.… Read More: ATM industry’s 15-year suit against Visa, Mastercard almost over »

Credit Card Interchange – VISA MC Settlement

Credit Card Interchange Post VISA/MC Agreement We all heard about the settlement with VISA and Mastercard and how consumers would see benefit. Unfortunately that is only a headline, not a fact. Once again Jordan with Reforming Retail breaks the settlement down, and what we find is same old same old (increasing rates). I like his cookies analogy where… Read More: Credit Card Interchange – VISA MC Settlement »