US EditionVisa and Mastercard Confront New UK Class Action Lawsuit Over Card Fees | Fintech InShorts: Latest Fintech News, Analysis by Experts
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Visa and Mastercard Confront New UK Class Action Lawsuit Over Card Fees | Fintech InShorts: Latest fintech news, analysis by experts
Understanding the Implications of the Latest Legal Challenge against Payment Giants Highlights: Visa and Mastercard are facing a class action lawsuit in the UK related to their card fees. The lawsuit claims that the card fees imposed by these companies are excessive and unfair to consumers. This legal challenge could have significant implications for payment processing practices and consumer rights. Visa and Mastercard are under scrutiny once a…
The Competition Board has launched an investigation into Mastercard and Visa, two companies operating in the card payment systems sector. The board's decision stems from allegations that these two companies violated competition by blocking the use of international POS infrastructure.
The Competition Authority has launched a major investigation into global payment giants Mastercard and Visa. These two companies, operating in the card payment systems market, are being investigated for allegedly obstructing Turkish payment institutions from providing services to businesses abroad. Here are the details...
In its meeting dated 26.06.2025, the Competition Board decided that Mastercard Incorporated and Visa Inc., which operate in the global card payment systems market, and the undertakings controlled by these undertakings, would not allow the use of the payment/POS infrastructure provided by banks operating within the scope of the Banking Law No. 5411 to other payment service providers to businesses located abroad, thus complicating the activities o…
The Competition Board decided to launch an investigation into Mastercard and Visa, which operate in the global card payment systems market. Click for more.
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