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antitrust regulators are investigating Visa and Mastercard about their debitcard policies, Bloomberg reported on Thursday (Nov. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debitnetworks, sources told Bloomberg.
antitrust regulators over policies that can prohibit merchants from routing card transactions over alternative debitnetworks. Visa and Mastercard are once again in the crosshairs of U.S.
This payment rail’s use is going strong in the United States, with debitcard penetration reaching 78 percent in 2018. Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debitcards. The solution is.
In today’s top news, DoorDash keeps growing and Visa and Mastercard face big questions over their debitcard programs. FTC Probing Visa, Mastercard About DebitCard Practices. Three billion credit and debitcards. And investors seek late-stage investments. Investors from the U.S.
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