by admin | Sep 24, 2024 | Brick & Mortar, Community, Credit Card Processing, Industry, News, Point of Sale
Credit: Getty Images by RUNSTUDIO The National Retail Federation (NRF) welcomed a lawsuit announced Tuesday by the Department of Justice accusing Visa of violating federal antitrust law in its debit card practices but said the card network’s anticompetitive...
by admin | Mar 15, 2024 | Accounting and Business Services, Brick & Mortar, Credit Card Processing, News, Point of Sale, Resources
Credit: Getty Images by Westend61 Visa, Mastercard, and the banks that issue cards with them agreed to pay $30 billion in a lawsuit settlement that was first brought to the courts by merchants in 2005 . In reaching a settlement, Visa and Mastercard agree to lower...
by admin | Jul 22, 2023 | Credit Card Processing, Governmental Affairs, Industry, News
Momentum is building in Congress to pass the Credit Card Competition Act to address the broken and unfair U.S. payments market. Thousands of retailers and consumers have already contacted Congress telling it to act — and Congress is listening. In fact, it’s...
by admin | Jun 10, 2023 | Brick & Mortar, Credit Card Processing, Get Paid, Governmental Affairs, News, Resources
Francis Scialabba All right, let’s do this one last time. Congress has reintroduced legislation that could lower fees merchants pay when customers swipe their credit cards. Sen. Dick Durbin (D-IL) and Sen. Roger Marshall (R-Ks) introduced the bill, the...