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Mastercard to invest $300 million in Network International IPO

27-03-2019

Global payments giant, Mastercard Inc., had told that the US-based multinational financial service would be investing around $300 million as one of the cornerstone investors of Dubai-based payment processor, Network International

Another Kroger Unit stops accepting Visa credit cards over higher fees

03-03-2019

On Friday, the 1st of March, 2019, the US supermarket Chain, Kroger Co. had issued a statement, saying that their Smith’s Food and Drug Stores division would not be accepting payments from Visa Inc. credit cards

Visa & Mastercard to increase fees for processing transactions

17-02-2019

The two biggest United States’ card networks, Visa Inc. and the Mastercard Inc. had been preparing to increase certain fees on US merchant accounts for processing the transactions

Visa’s European wing pays $15 million to settle Italy tax dispute

29-01-2019

The US credit card group Visa’s European arm had paid around $15 million (13.2 million euros), in order to settle a legal dispute in Italy over an accusation of tax escaping, a legal document filed by the Italian prosecutors revealed on Friday

RBI issues 31st December deadline for replacement of magstripe-based cards

26-12-2018

After 31st December 2018, the existing magnetic strip-based cards will be invalid following the Reserve Bank of India directive