Visa, MasterCard and major banks agreed to pay retailers at least $6billion to settle a long-running lawsuit, which alleged that the card issuers conspired to fix the fees that stores pay to accept credit cards.
NEW YORK (CNNMoney) -- That Visa, MasterCard and major banks agreed to a $7.2 billion settlement in a credit card processing fee dispute does not have your friendly neighborhood merchant jumping for joy.
Bank of Montreal reports that its clients have been able to make debit transactions abroad for the past 15 years using MasterCard's Maestro network. The multiple payment networks the banks are offering may sound confusing, but they're really not ...
WikiLeaks won an important legal battle against Visa and MasterCard in Iceland on Thursday - where the credit card companies' local partner was ordered by a judge to resume processing credit card donations made to the controversial secret-sharing site.
Mobile payments made through near field communications technology are still waiting to become a mainstream tool for consumers, but momentum keeps building for NFC, which may be looking at a break-out moment next year.