Payments regulator slams Visa and Mastercard for merchant fee hikes but forgoes price caps Payments The UK payments regulator has found "little evidence" that fee hikes by Visa and Mastercard on retailers have majorly improved the quality of service, adding that the card giants do not face effective competition.
Meet Volt, the London fintech taking on Visa and Mastercard’s duopoly Fintech For six decades, the global payments industry has been dominated by Visa and Mastercard. In the UK, the two firms had 99 per cent market share of UK debit and credit card payments in 2021.
Dunelm adds Mastercard UK boss to executive team Retail Dunelm has added Mastercard's UK and Ireland president to its executive team.
Mastercard and Visa are back in court over interchange fees February 14, 2024 The lawsuits allege that Mastercard and Visa both acted unlawfully by overcharging businesses for accepting credit and debit card payments on corporate and consumer cards.