Content about Credit cards

May 21, 2013

The National Retail Federation has announced plans to formally oppose a proposed settlement of a federal antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard. NRF is also urging retailers to carefully consider their own decisions before next week’s deadline set by the court.

WASHINGTON — The National Retail Federation has announced plans to formally oppose a proposed settlement of a federal antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard. NRF is also urging retailers to carefully consider their own decisions before next week’s deadline set by the court.

May 17, 2013

A year after Groupon acquired Breadcrumb, a point of sale system and iPad app, the deal-of-the-day website has launched the suite of cloud-based iPad and smartphone tools. The free iPad app enables quick-service eateries, salons, spas and retail merchants to maximize revenue.

CHICAGO — A year after Groupon acquired Breadcrumb, a point of sale system and iPad app, the deal-of-the-day website has launched the suite of cloud-based iPad and smartphone tools. The free iPad app enables quick-service eateries, salons, spas and retail merchants to maximize revenue. 

Breadcrumb products include flexible iPad point-of-sale products and payments solutions for all businesses, which include a low price guarantee on credit card transaction fees, free installation assistance and 24/7 phone technical support. 

May 13, 2013

Vantiv, a leading provider of payment processing services and related technology solutions for merchants and financial institutions, is combining point-of-sale redemption technology with the Visa Offers platform for cardholders and merchants of all sizes.

CINCINNATI — Vantiv, a leading provider of payment processing services and related technology solutions for merchants and financial institutions, is combining point-of-sale redemption technology with the Visa Offers platform for cardholders and merchants of all sizes. 

The upgraded technology will help drive additional value at the point-of-sale. 

April 3, 2013

Avery Dennison Retail Branding and Information Solutions (RBIS) division, a leader in apparel and footwear industry solutions, has partnered with VeriFone, the leading provider of next-generation mobile retail software, to equip retailers with the GlobalBay Retailing solution, which provides the most productive and accurate markdown solution to date.

FRAMINGHAM, Mass. — Avery Dennison Retail Branding and Information Solutions (RBIS) division, a leader in apparel and footwear industry solutions, has partnered with VeriFone, the leading provider of next-generation mobile retail software, to equip retailers with the GlobalBay Retailing solution, which provides the most productive and accurate markdown solution to date. Through the partnership and the development of its own smart device compatible technology, Avery Dennison strengthens its ability to provide retailers with effective solutions for mobile devices.

March 1, 2013

First Data, a provider of electronic commerce and payment processing, announced that it is working with Foursquare to extend its already-successful Foursquare Specials for Credit Cards program to now accept Visa and MasterCard, and most debit cards.

ATLANTA — First Data, a provider of electronic commerce and payment processing, announced that it  is working with Foursquare to extend its already-successful Foursquare Specials for Credit Cards program to now accept Visa and MasterCard, and most debit cards. Foursquare has integrated the First DataSM OfferWiseSM solution that seamlessly allows users to sync their card, and then swipe at a participating merchant location to redeem offers and receive automatic savings.

February 25, 2013

At Mobile World Congress, MasterCard introduced MasterPass, a digital service that allows consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.

BARCELONA — At Mobile World Congress, MasterCard introduced MasterPass, a digital service that allows consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.

February 25, 2013

Visa announced that it has signed an agreement with leading mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology.

FOSTER CITY, Calif. — Visa announced that it has signed an agreement with leading mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology. The companies aim to displace cash payments by expanding the reach of electronic payments to new merchant categories, and by making it easier for merchants and acquirers to take advantage of secure mobile acceptance solutions.

January 31, 2013

The National Retail Federation is hoping to dispel fears that merchants are expected to surcharge customers for using a credit card as theoretically allowed under a controversial proposed lawsuit settlement with Visa and MasterCard being debated in the courts.

WASHINGTON — The National Retail Federation is hoping to dispel fears that merchants are expected to surcharge customers for using a credit card as theoretically allowed under a controversial proposed lawsuit settlement with Visa and MasterCard being debated in the courts.

November 9, 2012

Lawyers representing the National Retail Federation and many of the nation’s most prominent retail companies are set to appear in court today to ask a federal judge to reject a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.



Washington -- Lawyers representing the National Retail Federation and many of the nation’s most prominent retail companies are set to appear in court today to ask a federal judge to reject a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.



November 9, 2012

The National Retail Federation on Friday said it will explore all legal options following a judge’s preliminary approval of a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.

Washington -- The National Retail Federation on Friday said it will explore all legal options following a judge’s preliminary approval of a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.

November 7, 2012

MasterCard and ING Group are testing a new online payment program in the Netherlands.

PURCHASE, N.Y. and AMSTERDAM — MasterCard and ING Group are testing a new online payment program in the Netherlands. 

The companies ar testing the ability for customers to use MasterCard's PayPass application on their mobile phone to make a purchase either in store or online.

November 7, 2012

VeriFone Systems and Fujitsu have partnered to offer retailers sophisticated mobile retailing solutions powered by VeriFone GlobalBay and integrated with the Fujitsu GlobalSTORE solution, or as a standalone mobile point of sale.

SUNNYVALE, Calif. and SAN JOSE, Calif. — VeriFone Systems and Fujitsu have partnered to offer retailers sophisticated mobile retailing solutions powered by VeriFone GlobalBay and integrated with the Fujitsu GlobalSTORE solution, or as a standalone mobile point of sale.

November 2, 2012

The National Retail Federation is continuing its fight against credit card swipe fees by asking a judge to reject a proposed class-action settlement of a federal antitrust lawsuit, saying it would not bring the fees charged by Visa and MasterCard under control and does not give retailers who oppose it an adequate mechanism to opt out.

WASHINGTON — The National Retail Federation is continuing its fight against credit card swipe fees by asking a judge to reject a proposed class-action settlement of a federal antitrust lawsuit, saying it would not bring the fees charged by Visa and MasterCard under control and does not give retailers who oppose it an adequate mechanism to opt out.

September 20, 2012

Retailers are up in arms over the proposed settlement filed in July of antitrust lawsuits filed by merchants against Visa, MasterCard and the nation's largest banks.

ARLINGTON, Va. — Retailers are up in arms over the proposed settlement filed in July of antitrust lawsuits filed by merchants against Visa, MasterCard and the nation's largest banks. A total of nine associations representing a broad swath of retail industry expressed their reservations to members of Congress on Thursday, charging that their interests were not represented and asking Congress to reject that settlement.

September 13, 2012

Target is bringing its REDcard Rewards program to Canada. The company announced that its Canadian customers will receive an additional 5% off every day when shopping at Target with its REDcard products, which include the Target Debit Card and Target RBC MasterCard.

TORONTO — Target is bringing its REDcard Rewards program to Canada. The company announced that its Canadian customers will receive an additional 5% off every day when shopping at Target with its REDcard products, which include the Target Debit Card and Target RBC MasterCard. Similar to the REDcard Rewards loyalty program in the U.S., the additional savings - which apply to almost everything at Target - will be applied instantly at time of purchase.

September 11, 2012

The National Retail Federation is set to go to court in order to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over Visa and MasterCard credit card swipe fees.

WASHINGTON — The National Retail Federation is set to go to court in order to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over Visa and MasterCard credit card swipe fees.

August 22, 2012

The Retail Industry Leaders Association criticized the proposed swipe fee settlement and urged class plaintiffs to reject the proposal.

ARLINGTON, Va. — The Retail Industry Leaders Association criticized the proposed swipe fee settlement and urged class plaintiffs to reject the proposal. Announced in July, the proposed settlement stems from lawsuits challenging the anticompetitive swipe fee practices of Visa and MasterCard.

August 13, 2012

Beall's has agreed to use VeriFone Systems' recently introduced MX 915, VeriFone’s advanced payment and media-enabled solutions system in a space-saving form factor.

SAN JOSE, Calif. — Beall's has agreed to use VeriFone Systems' recently introduced MX 915, VeriFone’s advanced payment and media-enabled solutions system in a space-saving form factor. Beall’s also will be complementing the MX 915 with VeriFone HQ, an advanced estate management solution allowing them to easily keep stores up to date with evolving payment and mobile solutions.

July 24, 2012

Walmart added its sizable voice to the growing ranks of those opposed to a settlement regarding transaction fees charged by Visa and MasterCard.

Walmart added its sizable voice to the growing ranks of those opposed to a settlement regarding transaction fees charged by Visa and MasterCard.

July 19, 2012

Visa and MasterCard announced a proposed $6.6 billion settlement to a long-running dispute over the fees they charge merchants, but a growing number of voices are saying not so fast.

Visa and MasterCard announced a proposed $6.6 billion settlement to a long-running dispute over the fees they charge merchants, but a growing number of voices are saying not so fast.

July 19, 2012

Retailers don’t like the fees they are required to pay Visa and Mastercard, but retailers are willing to charge unwary and unbanked consumers plenty of other fees.

Retailers don’t like the fees they are required to pay Visa and Mastercard, but retailers are willing to charge unwary and unbanked consumers plenty of other fees.

July 17, 2012

Kmart shoppers can avoid a $3.95 activation fee when they sign up online for the retailer’s new reloadable, prepaid MasterCard, but those who do so will need to remain vigilant to avoid other fees.

Kmart shoppers can avoid a $3.95 activation fee when they sign up online for the retailer’s new reloadable, prepaid MasterCard, but those who do so will need to remain vigilant to avoid other fees.

July 16, 2012

Visa and MasterCard on Friday announced a proposed $6.6 billion settlement to a long-running dispute over the fees they charge merchants, but one major trade group was clearly annoyed at the prospect.

Visa and MasterCard on Friday announced a proposed $6.6 billion settlement to a long-running dispute over the fees they charge merchants, but one major trade group was clearly annoyed at the prospect.

March 9, 2012

McDonald’s, Whole Foods Market and Best Buy are among the retailers participating in a new American Express program that allows shoppers to load discounts onto their American Express cards via Twitter.

NEW YORK — McDonald’s, Whole Foods Market and Best Buy are among the retailers participating in a new American Express program that allows shoppers to load discounts onto their American Express cards via Twitter.

December 19, 2011

Affinity Solutions a provider of transaction-based marketing programs for financial institutions and retailers in the U.S., announced that John Brennan has joined as VP business development. 

NEW YORK — Affinity Solutions, a provider of transaction-based marketing programs for financial institutions and retailers in the United States, announced that John Brennan has joined as VP business development.