
Lawmakers Take Aim at Visa and Mastercard Fees Once Again
Lawmakers have reintroduced legislation that would let merchants process many Visa and Mastercard credit cards over different networks.
Lawmakers have reintroduced legislation that would let merchants process many Visa and Mastercard credit cards over different networks.
BJ’s Wholesale Club today announced the launch of its new credit card program with Capital One and Mastercard, officially named the BJ’s Oneâ„¢ Mastercard® program.
J.P. Morgan Payments and Mastercard are piloting Pay-By-Bank with a small number of U.S.-based billers and merchants this year and expect to expand in 2023.Â
Close to 1,700 companies ranging from Main Street small businesses to national chains like Walmart and Target, are calling on Congress to support legislation that would bring more competition to the credit card market.
The National Retail Federation and lawmakers have urged Visa and Mastercard to cancel credit card swipe fee increases scheduled to take effect this month.
DoorDash sent out emails today to let DashPass members know that the $5 discount for World and World Elite Mastercard cardholders will be cut in half starting in April.
Visa and Mastercard will soon increase fees that many large merchants pay when they accept consumer credit cards. The fee increase was announced a long time ago but was delayed for more than two years due to the pandemic.
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Mastercard has a new promotion for cardholders who are also American Airlines AAdvantage members. You can save $50 on an American Airlines flight.
JetBlue has announced a multi-year extension of their co-branded credit card agreements with both Barclays and Mastercard. The partnership renewal will extend and expand their consumer and small business credit card portfolios.Â
Mastercard Easy Savings is an automatic rebate program for business Mastercard cardholders. The program is free, requires no coupons or codes, and you don’t have to do anything to enroll.
The credit card issuer has new partnerships with DoorDash and HelloFresh to deliver on consumers’ desire for on-demand access to the best local restaurant meals, household grocery and convenience items, and fresh meal kit delivery.
The higher fees will apply only to “some” undefined purchases WSJ reports, including “small supermarkets” and “restaurants,” but the categories of spending affected are also expected to include “many online transactions.”
Samsung and Mastercard have teamed up to develop a biometric card that features a built-in fingerprint scanner to authorize transactions securely at in-store payment terminals.
Mastercard revealed today that it is planning to offer support for some cryptocurrencies on its network. The company said it is seeing more people using cards to buy crypto assets, especially during Bitcoin’s recent surge in value.
Mastercard has announced that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments.
Sam’s Club, Synchrony and Mastercard announced today a new Sam’s Club Mastercard rewards program. Sam’s Club Plus members can now earn a total of up to 5% back on eligible Sam’s Club purchases.
If you have a Mastercard credit or debit card, you can save up to $100 on attractions, cultural experiences, dining, hotels, museums, shopping, tours and more.
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