visa

The complaint filed Tuesday says San Francisco-based Visa penalizes merchants and banks who don't use Visa's own payment processing technology to process debit transactions, even though alternatives exist. Visa earns an incremental fee from every transaction processed on its network. read more >

Many Republican lawmakers and gun-rights advocates fear the retail code could lead to unwarranted suspicion of gun buyers who have done nothing wrong. Over the past 16 months, 17 states with GOP-led legislatures have passed measures prohibiting a firearms store code or limiting its use. read more >

The settlement stems from a 2005 lawsuit that alleged merchants paid excessive fees to accept Visa and Mastercard credit cards, and that Visa and Mastercard and their member banks acted in violation of antitrust laws. read more >

The Conway-based company, led by Dana Deree, arranges legal foreign labor for employers in the U.S. read more >

The deal would lower and cap the fees charged by Visa and Mastercard and allow small businesses to collectively bargain for rates with the payment processors in a similar way that the large merchants do on their own now. read more >

There had been hope that categorizing credit and debit card purchases would allow authorities to potentially see red flags — like significant ammunition purchases — before a mass shooting could happen. read more >

Excluding one-time charges, which included Visa writing down some of its investments due to the drop in the stock market this year, the company earned $4.09 billion, or $1.93 a share. read more >

In their letter, the AGs threaten to use all legal tools at their disposal to stop the payment networks from tracking gun sales. read more >

The processing of all types of applications — visas and green cards — is backlogged, leaving potential workers in limbo amid a nationwide labor shortage. read more >

Visa Inc. filed a lawsuit against Wal-Mart Stores Inc., claiming the retailer secretly began testing a protocol that eliminated the need for signature verifications for transactions paid for with a Visa debit card. read more >