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The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
Two of the world’s largest credit card ... to lower swipe fees merchants pay when customers make purchases using their Visa or Mastercard by $30 billion over five years, according to a press ...
ALBANY, N.Y. (AP) — Businesses in New York are now required to clearly post exactly how much their products will cost if customers pay with a credit card, under a new state law that took effect ...
Merchant code range. Business type. 0001–1499. Agricultural services. 1500–2999. Contracted services. 4000–4799. Transportation services. 4800–4999. Utility ...
MCCs are assigned either by merchant type (e.g., one for hotels, one for office supply stores, etc.) or by merchant name (e.g., 3000 for United Airlines [1]) and is assigned to a merchant by a credit card company when the business first starts accepting that card as a form of payment. [2]
In New York City, a planned congestion pricing scheme would charge vehicles traveling into or within the central business district of Manhattan. This disincentivizing fee, intended to cut down on traffic congestion and pollution, was first proposed in 2007 and included in the 2019 New York state government budget by the New York State ...
June 26, 2024 at 11:14 AM. NEW YORK (AP) — A federal judge said she's not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants ...
New York City: Manhattan only; overlays with 212, 332, and 917 680: 2017: Syracuse, Utica, Watertown, and north central New York; overlay of 315 716: 1947 Buffalo, Dunkirk-Fredonia, Olean, Jamestown, Niagara Falls, Tonawanda and western New York; will be overlaid by 624 in 2024 718: 1984 New York City: all except Manhattan; overlays with 347 ...
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