Judge Rejects Durbin Amendment Debit Fees
Washington District Judge Richard Leon has ruled that the 21-cent debit card swipe fee limit enacted by the Dodd-Frank Act's Durbin Amendment was established using inappropriate information, opening...
View ArticleSquare Eliminates Limits on Keyed-In Payments
Square (squareup.com) has announced the end of its $2,002 keyed-in processing limit. Merchants can now accept all transaction types and all amounts without facing a weekly limit. However, merchants may...
View ArticleJudge Approves $5.7 Billion Visa, MasterCard Settlement
A federal judge has approved the terms of an antitrust settlement between Visa, MasterCard, and thousands of retailers despite opposition from... As part of the massive settlement, Visa and MasterCard...
View ArticleAmEx Settles $75 Million Suit, Changes Surcharge Policy
American Express has revised its surcharge policies as a condition of a class-action settlement. The new rules will allow merchants to surcharge Amex cards even if they accept... The impact of this...
View ArticleThe Durbin Amendment: Processors’ Dirty Little Secret
Anyone following the news surrounding the credit card processing industry would have a hard time avoiding all the articles and information about the Durbin Amendment to the Frank-Dodd financial...
View ArticleThe Durbin Amendment: Processors’ Dirty Little Secret
Copyright © CardPaymentOptions.com (Digital Fingerprint: 0d38c6720f0d78a701b74d58653af608) Anyone following the news surrounding the credit card processing industry would have a hard time avoiding all...
View ArticleJudge Rejects Durbin Amendment Debit Fees
Copyright © CardPaymentOptions.com (Digital Fingerprint: 0d38c6720f0d78a701b74d58653af608) Washington District Judge Richard Leon has ruled that the 21-cent debit card swipe fee limit enacted by the...
View ArticleSquare Eliminates Limits on Keyed-In Payments
Copyright © CardPaymentOptions.com (Digital Fingerprint: 0d38c6720f0d78a701b74d58653af608) Square (squareup.com) has announced the end of its $2,002 keyed-in processing limit. Merchants can now accept...
View ArticleJudge Approves $5.7 Billion Visa, MasterCard Settlement
Copyright © CardPaymentOptions.com (Digital Fingerprint: 0d38c6720f0d78a701b74d58653af608) A federal judge has approved the terms of an antitrust settlement between Visa, MasterCard, and thousands of...
View ArticleAmEx Settles $75 Million Suit, Changes Surcharge Policy
Copyright © CardPaymentOptions.com (Digital Fingerprint: 0d38c6720f0d78a701b74d58653af608) American Express has revised its surcharge policies as a condition of a class-action settlement. The new rules...
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