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Tag Archives: interchange

Silly American. Your credit is no good here

Daniel Ray

Do you travel abroad? Don’t count on one piece of plastic to carry you through your journey. International travelers are increasingly finding their U.S.-based credit cards may be refused, due to politics, merchant revolts or obsolescence.
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Gas station owners challenge credit card fees

Jeremy Simon

Summer driving season is upon us, with gas prices and tempers both running high. To show their anger over credit card fees they say are boosting fuel costs and erasing profits, gas station owners are taking action.
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Under pressure, Visa amends debit rules

Daniel Ray

The transaction processing giant, under pressure from federal and state regulators, dropped a rule that treated PIN-based purchases differently from signature-based debit buys. It means more consumers will zip through drugstore lines.
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Visa changes aim to ease gas pain

Jeremy Simon

Visa announced yesterday that it is making changes to the way credit card and debit card transactions get processed at gas stations, potentially easing the pain high gas prices are causing both drivers and gas station owners.
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