All Visa articles
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News briefs
Visa and Mastercard to cut fees for US merchants
Visa and Mastercard will reduce their fees following an antitrust class action settlement with US merchants, according to a statement released by the law firm Hilliard Shadowen LLP. The settlement is expected to generate at least $29.79 billion in savings for US merchants in the five years following approval of ...
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ArticlePayPal and the world of digital payments
PayPal appears to be far and away the West’s top provider of e-wallets, according to the specialized market analysts at eCommerceDB, who have compiled survey results from Statista. But how did this come about, who are the competitors and what is the situation in other parts of the world?
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News briefs
Amazon reverses ban on U.K. Visa cards
Amazon has suspended a decision to ban the use of Visa credit cards in the U.K. The decision to ban the use of the cards from Jan. 19 was announced in November and was blamed on “high cost of payments”. The American online retailer said “we are working closely with ...
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News briefs
Amazon U.K. bans Visa cards
Amazon has informed British customers that it will no longer accept payments made with Visa credit cards from Jan. 19 blaming a “high cost of payments”. “As a result of Visa’s continued high cost of payments, we regret that Amazon.co.uk will no longer accept U.K.-issued Visa credit cards as of ...
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Article
Mastercard hikes fees on U.K. e-commerce purchases from EU
Mastercard is preparing to increase fees charged to EU merchants when British cardholders buy their goods online by at least 400 percent, a move it said is being made due to Brexit and could lead to higher prices for consumers should merchants decide to pass on the higher costs ...
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Article
Visa witnesses “massive” surge in e-commerce use
Confirming other studies showing that the Covid-19 pandemic and subsequent lockdowns have spurred online sales, the financial services company Visa said that it is seeing a “massive acceleration toward e-commerce adoption.”
