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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 ...
The Durbin amendment, implemented by Regulation II, [ 1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by Dick Durbin, a ...
In April 2007 Visa announced it would raise its rate .6% to 1.77%. [17] [18] According to a January 2007 poll by Harris interactive, only about a third of the public had heard of interchange fees; once explained to them, 90% said that the United States Congress "should compel credit card companies to better inform consumers" about the fee. [19]
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Pre approved visa can be obtained on arrival. International Certificate of Vaccination or Prophylaxis required. [ 187] Visas for US citizens are either single entry or multiple entry and valid for 5 years. The fee for single entry 3 month validity is 60 dollars and the fee for the multiple entry visa is 100 dollars.
Visa Waiver Program. The Visa Waiver Program ( VWP) is a program of the United States federal government that allows nationals of specific countries to travel to the United States for tourism, business, or while in transit for up to 90 days without having to obtain a visa.
Visa Inc. ( / ˈviːzə, ˈviːsə /) is an American multinational payment card services corporation headquartered in San Francisco, California. [ 1][ 4] It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. [ 5]
Year Changes 2023 Angola has announced a list of 98 countries, including India, whose citizens can travel visa-free for 30 days (w.e.f 29 September 2023).. Thailand has announced a 6-month visa-free travel period for Indian citizens from 10 November 2023 to 10 May 2024, extending further to 11 Nov 2024.