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| Chillicothe, Ross County hit with rash of debit card fraud Chillicothe Gazette In November, The Nilson Report, a longtime trade newsletter on the payments industry, announced that the U.S. accounts for 47 percent of global credit and debit card fraud although it generates only 27 percent of the total volume of purchases and cash. See all stories on this topic » | ||
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| Visa, MasterCard in $6B settlement over card fees Albany Times Union Mallory Duncan, senior vice president and general counsel for the group, said the settlement is a step in the right direction. Visa and MasterCard make money on the fees that stores pay for each customer that uses credit or debit cards for their purchases. See all stories on this topic » | ||
| COST COULD INCREASE FOR CREDIT CARD USE U-T San Diego The card companies long have defended the fees. They say stores benefit from being able to accept credit and debit cards from customers, who often spend more when they're using plastic instead of cash or checks. Last year, retailers won another victory ... See all stories on this topic » | ||
| Credit card giants settle US retailer lawsuit EastDay.com Credit card giants settle US retailer lawsuit-VISA, MasterCard and major banks agreed to pay retailers at least US$6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards ... See all stories on this topic » |
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