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Tag Archives: mastercard

Last-ditch effort to stop $6B fee fixing settlement

NEW YORK — A group of retailers and trade groups has launched a last-ditch effort to stop a settlement worth at least $6 billion that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee ...

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Groupon launches payments service

NEW YORK — Groupon launched a payment service Wednesday that allows businesses to accept credit cards using an iPhone or iPod Touch, becoming the latest company to enter the growing mobile payments market. The announcement sent the online deals company’s ...

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Lawyers wary of charging ‘swipe fees’

In the wake of a proposed settlement between credit card-issuers Visa and MasterCard and merchants that would allow vendors to pass along “swipe fees” to their customers, lawyers who accept credit card payments are grappling with the issue of whether such up-charges are a good practice.

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Slow start to spring projected for retailers

NEW YORK — A late Easter, lingering cold weather and rising gas prices are squeezing discretionary spending this spring, according to data being released Wednesday. Figures from MasterCard Advisors’ SpendingPulse show sales growth slowed in some categories last month. But ...

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