Tag: Visa
Nigeria: Interswitch sells stake to Visa
Visa will buy a stake in Nigerian payments platform Interswitch, creating “an instant acceptance network across Africa” that will help drive expansion, both companies...
US: Visa, Plastiq team on supplier payments
Commercial bill pay company Plastiq has announced that starting on Wednesday, August 21, US Visa commercial cardholders will be able to use the Plastiq...
Mauritius: Regulator says Visa and MasterCard interchange fees are anticompetitive
The Competition Commission of Mauritius has ordered Visa and MasterCard to cap their interchange fees after finding the credit card issuers abused their dominance...
US: Visa acquires control of Earthport
Visa, the payments company, announced Wednesday, May 8, that it has acquired Earthport, a cross-border payment company catering to banks, money transfer services providers...
EU: Regulator accepts Visa and Mastercard offer to end antitrust probe
The European Union has accepted an offer by Visa and Mastercard to cut fees on payments made by tourists using cards issued outside the...
US: Visa, Mastercard, banks settle card fee suit
In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank defendants, have...
US: Visa, Mastercard consider increasing fees for processing transactions
Visa and Mastercard are preparing to raise certain fees levied on US merchants for processing transactions from this April, the Wall Street Journal reported...
China: Visa, Mastercard still locked out
Both Visa and Mastercard posted solid fourth quarter earnings and outperformed analyst estimates, yet the companies are still waiting for approval to do business...
US: Visa, MasterCard to settle large antitrust class action
According to a report from Bloomberg, Visa and MasterCard won preliminary approval on Monday, January 28 for their second attempt at settling antitrust allegations of a...
Argentina: Advent buys part in Visa for US$725M
American investment group Advent International completed on January 22, 2019, the acquisition of 51% of shares in Argentine company PRISMA - which holds the...
