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There are roughly 100 billion debit card transactions in the U.S. every year — and one company, Visa, processes more than 60% of them. Why it matters: Visa charges "supracompetitive prices" for ...
Biden DOJ slaps Visa with antitrust suit over debit card dominance Visa’s heft in the market has allowed it to pressure merchants into accepting its cards to avoid steep costs on billions of ...
Learn how Netspend prepaid debit cards work and if they are right for you. Protect yourself and your finances by understanding the details.
Visa, one of the world's largest payment networks, processes more than 60% of debit transactions in the U.S., bringing it $7 billion each year in fees collected when transactions are routed over ...
Justice Department sues Visa, alleging it has a monopoly in debit card markets The logo for Visa appears above a trading post on the floor of the New York Stock Exchange in 2018.
UAE’s domestic card scheme Jaywan and Visa have announced their agreement to jointly introduce “Jaywan-Visa” debit and prepaid cards in the UAE today. Jaywan is operated by Al Etihad ...
The lawsuit, filed Tuesday in U.S. District Court in Manhattan, alleges Visa has market power in the U.S. market for general-purpose card-not-present debit-network services and for the market for ...
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit.
The Department of Justice has sued Visa for allegedly operating a monopoly on debit services, citing alleged attempts to “smother” competition.
The pair are rolling out Visa debit cards linked to FTX accounts in 40 new countries starting in Latin America.
The Justice Department filed a lawsuit against Visa on Tuesday, alleging the financial services giant used its clout to maintain a monopoly over the U.S. debit card market.