Visa and Mastercard will Increase Interchange Fees

Visa and Mastercard are considering raising interchange fees on card transactions in the U.S. The two credit card issuers generate most of their revenue from these small processing fees. Every time you make a purchase with a credit or debit card, merchants pay a small fee to the bank that issued this card, such as…

Chase And Visa will Introduce Contactless Credit Cards

Chase is teaming up with Visa to bring tap to pay to the industry’s largest portfolio of credit cards. In the coming months, millions of Chase customers will be able to save valuable time by completing a transaction with a single tap. Starting later this year, Chase customers will receive new contactless Visa cards on…