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Learn about the class-action lawsuit against Visa, Mastercard, and issuing banks for price fixing and anti-competitive practices in the credit card industry. Find out the status of the settlement, the claims process, and the recent agreement to lower swipe fees.
The UAE Golden Visa is a five-year visa policy for investors, entrepreneurs and professional talent. It costs 136,000 USD and allows multiple entry and residence in the UAE. Learn more about the requirements, advantages and other visa options on Wikipedia.
Interchange fee is a fee paid between banks for the acceptance of card-based transactions. Learn how it is set by the payment networks, how it affects merchants and consumers, and why it is a controversial issue in the US and EU.
A card security code is a series of numbers printed on a credit or debit card for security purposes. It is used for card not present transactions and has different names and locations depending on the card issuer.
A surcharge is an extra fee charged by a merchant when receiving a payment by card, which at least covers the cost to the merchant of accepting that means of payment. Learn about the economics, regulation and history of surcharging in different countries and regions.
A recent settlement between Visa, Mastercard and the largest U.S. credit card issuing banks and merchants has lowered swipe fees for the next five years, saving money on your monthly credit card ...
A payment card number is the card identifier found on credit cards, debit cards and other similar cards. It consists of an issuer identification number (IIN) and an individual account identifier, and may also be called a bank card number in some situations.
Another important thing to remember is that while websites and order forms will call your credit card's security code one of the following 5 abbreviations; CSC, CVV, CV2, CVC or CCV, they are all ...