Blog Archives

Visa, MasterCard to Pay $6 Billion in Settlement

Visa Inc., MasterCard Inc. and some large banks agreed to pay scores of retailers—from giant Publix Supermarkets Inc. to an interior-design store in Minnesota—more than $6 billion to settle a long-running lawsuit, in a pact that also permits merchants to charge more to customers

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MasterCard Mobile POS Expands

MasterCard Mobile Point-of-Sale Program Provides Guidelines to Expand Card Acceptance for Small and Micro-Businesses   Read more

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New e-Wallet Service – MasterCard ‘PayPass’

MasterCard is introducing PayPass Wallet Services, a new mobile payment platform for merchants, banks and partners that allows consumers to make purchases in stores or online with a “simple click of the mouse, touch of the tablet screen or tap

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Visa And MasterCard Signaling A Breakout Is Near

So the market isn’t going straight up anymore. Certainly, the market has become more difficult to trade and invest in during the recent sell-off. But for investors or traders who missed much of the rally, the sell-off is a welcome

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Credit Card Interchange Fee Cuts

Million retailers file an Antitrust case against Visa, MasterCard and 13 of their member banks. This case can have a very large disruption in the credit card interchange fees.   Having won the debit interchange battle last year, although they still complain

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Remittance

Missing out an online payment solution for remittances for your bank? IBFS specializes in workers remittance solution that are white labeled for your financial institution.

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Market Size

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