Tag: Mastercard
-
Visa Mastercard Settlement Lowers Fees, Save Money NOW
Visa and Mastercard recently submitted a revised $38 billion settlement proposal to end a 20-year legal battle with merchants over credit card processing fees. The Eastern District Court of New York will review this new agreement after U.S. District Judge Margo Brodie rejected a previous settlement in 2024. This class action lawsuit focuses on interchange…
Written by
-
14 Reason Codes That Land Your Business on the MATCH List
If you run a business that accepts credit card payments (so, every business), then you need to know about the MATCH list. This database tracks merchants who’ve had their payment processing accounts shut down. Getting MATCHed can destroy your business overnight. You’ll struggle to find any bank willing to process your payments again. The Member…
Written by
-
Mastercard Agent Pay, AI Is Changing the Way We Pay
Mastercard just made a move that will likely change the way we shop and pay forever (at least on their network). The company announced Agent Pay, a new technology that lets trusted AI agents make secure payments on your behalf. Imagine telling your digital assistant to buy your groceries, book your next vacation, or pay…
Written by
-
Visa Mastercard Agree on $30b Settlement – What It Means for Online Merchants
In a landmark move that could reshape the landscape of credit card processing, Visa and Mastercard have reached a staggering $30 billion settlement with merchants across the United States. This settlement aims to address long-standing concerns over the exorbitant credit and debit card fees that have burdened retailers, particularly small businesses, for decades. For online…
Written by
-
VAU and MAU Will Eliminate Churn on Your Subscriptions, Here’s How
We’ve all felt the sting of chargebacks, faced declines, and grappled with customer churn. These are not just “problems”; they’re actually revenue leaks that can bleed a subscription business dry if not addressed. Enter Visa Account Updater (VAU) and Mastercard Account Updater (MAU), the unsung heroes in the payment ecosystem that can help you overcome…
Written by