Chris Richardson, an economist who had previously worked for the FDIC, recently published a study that examined debit card data after Congress imposed a cap on debit card interchange fees in the ...
Later that month, Mastercard and Visa reached a $30 billion settlement with US merchants agreeing to cap credit-card interchange fees — fees charged to retailers every time you swipe your card ...
It is considering an initial cap of 0.3 per cent on credit card ... When the UK left the EU, Visa and Mastercard raised these interchange fees fivefold to 1.5 per cent for credit cards and 1. ...
One of the levers the RBA can pull to reduce payment costs is stricter caps on “interchange fees”. These are set by Visa and Mastercard, and paid by the bank that provides the physical ...
(The Center Square) – Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law ...
THE AFL Commission has confirmed that a cap on interchange rotations will be introduced from next season. Interchanges will be capped at 120 per game for the 2014 and 2015 seasons, based on a ...
The UK's Payment Systems Regulator (PSR) is considering the introduction of a cap on cross-border card fees, following a review that found that these fees had risen to “unduly high” levels for ...
In the last four years both Congress and the Biden Administration tried to limit the interchange fees associated with credit cards in the name of protecting consumers. However, recent research ...
(The Center Square) – Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card holder’s bank from charging or receiving ...