Chargebacks are always an issue for merchants. While there are numerous programs and indicators to identify fraudulent ones, detecting and managing first-party fraud—that committed by legitimate ...
The series of antitrust class action lawsuits first brought by U.S. merchants against Visa and Mastercard in 2006 continued its winding path toward closure as the parties announced in March 2024 that ...
A decadeslong lawsuit between Visa Inc., Mastercard Inc. and a large cohort of merchants could finally be nearing its conclusion — with potential implications for shoppers if stores choose to limit ...
Visa (V) and Mastercard (MA), the two biggest U.S. card payment networks, reached a proposed settlement that resolves a lawsuit against the two companies and other defendants filed by merchants in ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NEW YORK (AP) — Visa and Mastercard ...
Visa and Mastercard are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by lowering fees stores pay and giving them more power to reject certain credit cards, ...
Amid economic uncertainty, “buy now, pay later” has exploded among consumers. Affirm and Afterpay speak to WSJ about the industry’s growth, risks and new opportunities. Photo Illustration: Warren ...
Nov 8 (Reuters) - U.S. payment firms Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab are nearing a settlement with merchants by lowering fees stores pay and giving them more power to ...
A proposed settlement in a long-running merchant lawsuit would give stores more freedom to block rewards cards, but it remains to be seen if they'd risk angering customers Visa and Mastercard have ...
Visa V-4.46%decrease; red down pointing triangle and Mastercard MA-3.76%decrease; red down pointing triangle are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by ...