The card payment titans have long shrugged off political pressure or potential rivals, the $95 bln in fees they collect and ...

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.

Gamers are sending mass emails and phone calls to major payment processors in protest over Steam and Itchio pulling adult ...

Mastercard boosted its guidance for the year, suggesting to one analyst that Visa’s forecast is “overly conservative.” ...

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 ...

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

Visa V 0.26% has offered Apple AAPL 0.90% a roughly $100 million payment to get the tech giant’s credit card, part of a battle between the country’s biggest payment networks for the splashy ...

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 ...

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.