[ad_1] Visa entered into an agreement to acquire a majority interest in Prosa, a payments processor in Mexico. The payments-networks company said Prosa will operate as an independent company with…
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Fed to Float Deep Cuts to Debit-Card Swipe Fees
[ad_1] Updated Oct. 25, 2023 12:57 pm ET WASHINGTON—The Federal Reserve is set to propose lowering by about 30% the fees merchants pay to many banks when consumers shop with…
Beyond The Headlines: Coca-Cola and Pernod Ricard unveil premixed cocktail, Layn upgrades Botanical Ingredient Library
[ad_1] Vodka is a popular bases for alcohol ready-to-drink products, and lemon-lime soft drinks are popular mixers in pre-mixed cocktails. 20 Oct 2023 — In industry news this week,…
WSJ News Exclusive | Visa, Mastercard Prepare to Raise Credit-Card Fees
[ad_1] Merchants could end up paying an extra $502 million annually in fees, according to a consulting firm. [ad_2] Source link
WSJ News Exclusive | Lawmakers Try Again to Curb Visa, Mastercard Fees, With Broader Support
[ad_1] Lawmakers reintroduced legislation that would give merchants the power to process many Visa and Mastercard credit cards over different networks. [ad_2] Source link
Visa Finance Chief Vasant Prabhu to Depart in September
[ad_1] Visa Inc. said its chief financial officer, Vasant Prabhu, is stepping down as the payments giant works to continue growing certain merchant services and making acquisitions. Mr. Prabhu will…