Tag: mastercard

• Monday, March 7th 2022 - 09:40 UTC

  Globally-known credit cards no longer of use for Russians

  

  The world's leading credit cards issued by Russian banks will no longer be accepted outside the country, while those issued abroad will not be valid for transactions, it was announced over the weekend.

• Tuesday, April 30th 2019 - 09:16 UTC

  MasterCard and Visa agree to charge 40% less on non-EU credit and debit cards

  

  Mastercard and Visa have both agreed to cut their fees for tourists using their cards in the EU, after a long-running battle with the European Commission. The credit card firms will now charge retailers around 40% less on non-EU credit and debit cards payments.

• Friday, March 15th 2019 - 09:21 UTC

  US considering banning Visa and Mastercard transactions in Venezuela

  

  The United States is considering imposing financial sanctions that could prohibit Visa, Mastercard and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday. The move, which has not been finalized, would represent another step in tightening the financial noose on the government of President Nicolas Maduro and his supporters.

• Wednesday, September 19th 2018 - 08:41 UTC

  Card issuers have to pay US$ 6.2bn to settle class action lawsuit by US retailers

  

  Visa Inc, Mastercard Inc, and a number of U.S. banks on Tuesday agreed to pay US$ 6.2 billion to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments.