Visa

The Latest

  • Visa and Mastercard Agree to $30 Billion Settlement, Lowering Credit Card Fees for Merchants
    WIRECARD
    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.
  • Amazon And Visa Reach Agreement On Payment Fees
    FEE DEAL
    Amazon and Visa put an end to a dispute about increasing payment rates.
  • That's How They Get Ya: Visa Investigated For Hidden Fees
    Visa
    The Justice Department will determine if Visa is engaging in anticompetitive practices.
  • Visa, Plaid Cancel $5.3 Billion Merger
    Visa
    Visa, Plaid deal scrapped because of U.S. objections it would create a payment transactions monopoly.
  • Pornhub Child Sex Abuse Claims Subject Of Mastercard Probe
    TRANSACTION DENIED
    Bill Ackman demanded Mastercard and Visa suspend payments to Pornhub.
  • Any UK Attempt To Meddle In Hong Kong Is 'Doomed,' China Says
    Hong Kong and China Flags
    China accused the UK of hypocrisy and political maneuvering after a new five-year visa for Hong Kong residents.
  • Trump Restricts Entry of Foreign Workers With New Visa Ban
    Donald Trump
    The Trump administration continues its anti-immigrant policies with an executive order that makes it much harder for immigrants to secure visas.
  • American Express Granted Bank Card Clearing License In China's
    American Express 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.
  • Leverages AliPay With Rapid Expansion Into Consumer Lending
    Ant Financial
    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
    CREDIT CARDS
    Gaining access into China's multi-trillion payments market a big challenge for top US card companies for decades
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