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WTO: China Discriminates Against US Credit Cards Wall Street Journal A World Trade Organization panel has determined that China's tight control over credit- and debit-card transactions discriminates against U.S. card companies, a decision the card issuers hope will lead to new business opportunities in China's fast ... See all stories on this topic » Wall Street Journal

Hidden from view, credit card 'swipe fees' may still raise prices Los Angeles Times Merchants pay an average of 2% of each credit card transaction to Visa or MasterCard to process the sale, regardless of whether the customer bought a BMW or a piece of Bazooka bubble gum. But their past contracts with card companies prevented them ... See all stories on this topic »

Merchants Considering Credit Card Surcharges New York Times At the grocer Kroger, executives are contemplating charging two prices for groceries — a lower price when shoppers pay with cash, and a higher one when they use a credit card. And at restaurants across the country, owners are ... Under the terms of ... See all stories on this topic »

WTO: China discriminates vs US credit-card firms MarketWatch The WTO dispute panel found China's rules governing access to its fast-growing domestic electronic-payment systems market don't provide equal treatment to foreign credit-card and debit-card issuers. While the panel didn't back all U.S. claims, it ... See all stories on this topic »

Huge credit card settlement conceals fraud and criminality World Socialist Web Site Merchants accused them of price-fixing charges associated with card processing known as "interchange fees." The credit card companies extract these fees from retailers when a customer makes a purchase with a credit or debit card. The initial processing ... See all stories on this topic »

Swipe credit card at a store, expect to pay more Detroit Free Press John Breyault, a spokesman for the Washington, D.C.-based National Consumers League, said that credit card-wielding consumers might not be happy about the change. "There was a penalty on a consumer who wanted to pay with cash or a check, because ... See all stories on this topic »

This Week in Credit Card News Forbes Price of Plastic Going Up? Merchants May Get Surcharge Rights Merchants may soon begin to impose a surcharge each time a customer pays with a credit card, a practice Visa and MasterCard currently prohibit. They ban the practice in the U.S. as part of ... See all stories on this topic » Forbes

Will credit card settlement mean fewer rewards, surcharges for consumers? OregonLive.com ... a difference. Others hope merchants will display the true cost of using a credit card. ... Swipe fees on credit cards are much higher (1.5 to 3 percent) than swipe fees that merchants pay to accept debit-card payments (most capped at 21 cents ... See all stories on this topic » OregonLive.com

WTO Panel Finds China Discriminates Against US Credit Card Companies Wall Street Journal Forgot your username or password? This service is .... The WTO dispute panel found China's rules governing access to its fast-growing domestic electronic-payment systems market don't provide equal treatment to foreign credit-card and debit-card issuers. See all stories on this topic »

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