creditcards

Merchants Urge Congress To Reject Visa, MasterCard Claims

Merchant organizations assert the proposed settlement “is one-sided and preserves the very anti-competitive actions that were the genesis of the lawsuits.” In a letter sent to House and Senate leaders on Sept. 20, a group of associations representing merchants of all sizes across all segments of the merchant community highlighted the reasons behind the growing

visa

Visa Raises “No Signature” Limit to $50, Enhances Merchant Fraud Protection

Visa Inc. said it plans to raise its Visa Easy Payment Service “no signature required” limit from $25 to $50 for two key U.S. merchant categories. Starting in October 2012, discount stores and grocery stores/supermarkets in the U.S. can accept Visa cards for transactions up to $50 without requiring a cardholder signature or PIN, or

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