Visa, Mastercard swipe-fee settlement could be a game-changer - Check how it will benefit retailers and consumers

Visa and Mastercard have proposed a settlement to lower credit card swipe fees for businesses. This agreement aims to reduce ...
JD Supra

Visa Reduces Its Merchant Surcharge Cap to 3% Effective April 15, 2023: Merchants Should Ensure They Are in Compliance to Avoid Fines, Fees and Litigation

Effective April 15, 2023, Visa has implemented a reduction in the permissible merchant surcharge to the lower of: (a) the merchant discount rate (MDR) for the applicable credit card or (b) 3%.

The Thanks Visa & MasterCard Get For Financing Global Business Growth

Credit card companies do all the work, and they take on all the risk associated with a failure of customers to pay what they ...
American Banker

New Charges For Merchant Acquirers From Visa And MC

Visa Inc. and MasterCard Inc. are planning to introduce new fees for merchant acquirers as part of their updated rate schedules. Beginning April 18, MasterCard will collect a network access and ...
USA Today

What is a merchant account? Everything you need to know

Merchant accounts are essential if you want to run a business that accepts debit and credit card payments. Not doing so can impede on your ability to attract customers and grow your business.
Medicine Buffalo

Credit/Debit Card Merchant Requirements

Credit/debit card payments must be processed in an efficient, consistent, secure, and controlled manner in compliance with the Payment Card Industry Data Security Standard. Departments may accept ...