Target Leads Retailers in Suit Against MasterCard, Visa

NEW YORK (Reuters) - Visa Inc and MasterCard Inc , opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law. The lawsuit seeks to give the card ...

(SmarTrend(R) News Watch via COMTEX) -- MasterCard (NYSE:MA) traded in a range yesterday that spanned from a low of $568.38 to a high of $576.99. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $576.14 on volume ...

Oberthur Technologies' Dragonfly NFC SIM has received certification from MasterCard and Visa. The Dragonfly, which includes an "NFC Turbo Engine" hardware accelerator designed to shorten transaction times, is being tested by Thailand's largest ...

Target, Macys and 15 other retailers sued Visa and MasterCard over credit- and debit-card fees after exiting a proposed $7.25 billion settlement of a similar case, alleging it gave the firms too much leeway to raise future rates. The card firms ...

Global payment services provider DataCash (part of the MasterCard group) has signed a partnership agreement with MoPowered, a provider of mobile commerce services and mobile web optimization, to extend its mobile service across the UK. The ...

NEW YORK -- Some of the country's largest retailers, including Target Corp. and Macy's Inc., are suing MasterCard and Visa, rejecting a settlement over alleged fee-fixing.A larger group of 19 trade associations and retail companies originally filed ...

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FOR making use of their MasterCard debit card in transactions, the company has rewarded four cardholders with an all-expense-paid trip to Wembley, England, to watch this year's UEFA Champions League final match between FC Bayern Munich and Borussia ...

On Monday, MasterCard announced that Burger King would allow customers using its BK Delivers service to make payments with MasterPass. MasterPass was introduced earlier this year at the Mobile World Congress in Barcelona. It is a combination of ...