Japan's Fair Trade Commission has taken its first administrative action against the credit card industry, targeting Visa ...

Through it all, gamers are telling one another to remain cordial during any interactions with payment processors, especially ...

Visa and Mastercard earlier this week agreed to a settlement with U.S. merchants, promising to lower the fees stores have to pay to process credit card payments ‒ at least in the near term.

Currently, Visa and Mastercard control an estimated 85% of the U.S. credit card market, handling the vast majority of credit card transactions with cards issued on their networks.

Key Background Tuesday’s settlement was the latest in the ongoing legal battle between the issuers and retailersThe credit card issuers agreed to pay between $5.54 billion and $6.24 billion in a ...

This year, it reintroduced legislation called the Credit Card Competition Act, which aims to break up the credit card duopoly between Visa (V 0.90%) and Mastercard (MA 0.90%), and mandate that all ...