MasterCard
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Visa and Mastercard Agree to $30 Billion Settlement, Lowering Credit Card Fees for Merchants
In a landmark antitrust settlement, credit card giants Visa and Mastercard have agreed to pay an estimated $30 billion to limit credit and debit card fees for merchants, potentially leading to lower prices for consumers. The settlement, one of the largest in U.S. history, would resolve claims in a litigation that began in 2005, pending court approval. In a landmark antitrust settlement, credit card giants Visa and Mastercard have agreed to pay an estimated $30 billion to limit credit and debit card fees for merchants, potentially leading to lower prices for consumers. The settlement, one of the largest in U.S. history, would resolve claims in a litigation that began in 2005, pending court approval. -
Mastercard Goes All In On Crypto With New Trading Program Launch
Paxos will offer its trading and custody services, and Mastercard will use its technology to incorporate cryptocurrency trading into bank interfaces. Paxos will offer its trading and custody services, and Mastercard will use its technology to incorporate cryptocurrency trading into bank interfaces. -
Amazon And Visa Reach Agreement On Payment Fees
Amazon and Visa put an end to a dispute about increasing payment rates. Amazon and Visa put an end to a dispute about increasing payment rates. -
Pornhub Child Sex Abuse Claims Subject Of Mastercard Probe
Bill Ackman demanded Mastercard and Visa suspend payments to Pornhub. Bill Ackman demanded Mastercard and Visa suspend payments to Pornhub. -
American Express Granted Bank Card Clearing License In China's
The PBOC has granted American Express' Chinese joint venture, Express Hangzhou Technology Services, a license to operate a bank card clearing services business in China. The PBOC has granted American Express' Chinese joint venture, Express Hangzhou Technology Services, a license to operate a bank card clearing services business in China. -
China Approves Mastercard Chinese Joint Venture's Clearing Business
The People's Bank of China announced that it has approved Mastercard's joint venture with Netsunion Clearing Corporation to run a new bank card clearing business. The People's Bank of China announced that it has approved Mastercard's joint venture with Netsunion Clearing Corporation to run a new bank card clearing business. -
Leverages AliPay With Rapid Expansion Into Consumer Lending
US credit card companies who wish to enter China's market find Ant Financial's AliPay as its strongest competitor who offers cardless digital payments to Chinese millennials. US credit card companies who wish to enter China's market find Ant Financial's AliPay as its strongest competitor who offers cardless digital payments to Chinese millennials. -
Top US Credit Firms Move Closer To China's $27 Trillion Card Market
Gaining access into China's multi-trillion payments market a big challenge for top US card companies for decades Gaining access into China's multi-trillion payments market a big challenge for top US card companies for decades -
Visa Dangles $5.3 Billion For Plaid Acquisition
Visa's Plaid buy out expected to be completed in the next three to six months Visa's Plaid buy out expected to be completed in the next three to six months -
China Named A Hotbot For Tech Companies
A global payments business CCO claimed that China's fintech companies are dominating the southern hemisphere and that the country is a hotbed for technological innovation. A global payments business CCO claimed that China's fintech companies are dominating the southern hemisphere and that the country is a hotbed for technological innovation.