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DEBIT CARD MONOPOLY
US sues Visa for alleged monopoly practicesThe US Department of Justice has filed an antitrust lawsuit against Visa, accusing the company of maintaining a monopoly over debit card ne...- US DOJ to sue Visa over debit card market monopoly: ReportsThe U.S. Department of Justice is set to sue Visa, alleging the company monopolized the debit card market through anticompetitive practices...
- Google vs Indian apps: Payments industry seeks legal changes against Google’s app billing policyPayments Council of India urges the government to amend laws and protect startups and payment aggregators from Google's monopolistic polici...
- Paytm bank RBI Ban: Indian fintech is fast, furious — and fraudulent?The Reserve Bank of India has taken regulatory action against Paytm and Visa Inc., and more nonbank intermediaries may be targeted. The gro...
- Apple Pay to face antitrust lawsuit by payment card issuersThe proposed class action is led by Illinois' Consumers Co-op Credit Union, and Iowa's Affinity Credit Union and GreenState Credit Union. T...
- The Great Indian UPI MigrationWhat could possibly have prompted this change of heart with regard to UPI merchant transactions? There could be two reasons. This may be a ...
- RBI mulls UPI charges; Jar hits $300M valuation in Tiger-led fundingThe banking regulator's plan to charge fees for UPI transactions comes after complaints from several payment firms.
- DreamFolks Services IPO: Here's how to check allotment status & GMPThe company's asset-light business model integrates global card networks operating in India, credit card and debit card issuers and other c...
- Banks rethink fintech ties; Byju’s may rename WhiteHat Jr, sacks 300 at TopprNow, some banks that have tied up with financial technology companies for such products are rethinking these partnerships. RBL Bank for one...
- How to Buy XRP UK - Beginner’s Guide
- ‘Mastercard’s dual record maintenance led to RBI ban’Mastercard is said to have failed to erase the Indian leg of the transaction data from overseas servers within 24 hours as mandated by the ...
- RBI's Mastercard ban likely to create monopoly in credit card market in IndiaWhile homegrown platforms are expected to gain modestly, Visa's superior reward offerings to merchants and the government's zero Merchant D...
- Ban on Mastercard may see a huge chunk of new business going to VisaWhile homegrown platforms are expected to gain modestly, Visa’s superior reward offerings to merchants and the government’s zero Merchant D...
- Razorpay-Mastercard's Mandate HQ to aid banksPlatform to help banks with recurring payments
- BillDesk strikes it rich amid payments crisisCo set to monopolise recurring payments market as top banks take SI Hub services
- Visa, Plaid call off merger following antitrust pressureAfter Visa bid to buy Plaid, politicians and antitrust experts argued the deal would give Visa even more power over how customers and busin...
- Jan Dhan Yojana: RuPay gaining currency irks US companies MasterCard & VisaUS card companies MasterCard and Visa have complained of an invisible mandate to keep them out of Jan Dhan Yojana, the govt's flagship prog...
- Nandan Nilekani's Aadhaar project faces fight from a team of Europay, Mastercard & VisaAmid an alarming rise in credit card frauds, a group of bankers will decide in a month the appropriate payment technology for the Indian ba...
- Decision to raise railway fares welcome; much more needs to be doneThere is so much that can be done, once you choose not to be paralysed. The point is to muster the will to act.
- No going back to paper, plastic money is in currencyIt’s one of those vast social upheavals that everyone understands but that hardly anyone notices because it seems too ordinary: The long-pr...
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