Case Against MasterCard Dropped By European Union
October 22, 2009
An executive arm of the European Union has dropped a case against the credit card giant MasterCard in relation to the transaction fees that the card network levies. The case has been dropped on the condition that the credit card giant cuts its transaction fees, but this has made many retailers angry, as they were looking for these card fees to be scrapped altogether rather than just being reduced. Read more
Tags: payment, retailers, visa, credit card, feesCustomers Warned About Using Credit And Debit Cards Abroad Over Easter Break
September 13, 2009
With the Easter holidays now upon us, many people in the UK may be thinking about heading abroad for a break with their loved ones, and many will go armed with their credit cards either for general spending or just for emergencies. However, a recent report has stated that the cost of using both credit and debit cards whilst abroad can really mount up, and consumers are better off avoiding the use of their plastic cards unless there is a dire need to do so, as otherwise they could be hit with a series of charges. Read more
Tags: statement, fees, charges, cred cards, consumers, debit cards