Competition Bureau Challenges Visa and MasterCard’s Anti-competitive Rules
OTTAWA, December 15, 2010 — The Competition Bureau announced today that it has filed an application with the Competition Tribunal, to strike down restrictive andanti-competitive rules that Visa and...
View ArticleOttawa probes payment company Moneris
Moneris Solutions, the country’s largest payment processor, is being investigated by the Financial Consumer Agency of Canada over a possible violation of Ottawa’s new code of conduct for the payments...
View ArticleCredit card fees spur protest
A small business lobby unveiled a campaign Thursday to get Canadian consumers to use debit cards or cash as a protest against what merchants say are too-high credit card merchant fees. The Canadian...
View ArticleCredit card issuers target the big spenders
Credit card issuers target the big spenders GRANT ROBERTSON — BANKING REPORTER From Friday’s Globe and Mail Published Thursday, Mar. 17, 2011 7:24PM EDT Last updated Friday, Mar. 18, 2011 6:58AM EDT...
View ArticleThe real costs of that card in your wallet
Great article from the Financial Post. Dan Kelly Oct 3, 2011 – 10:15 AM ET | Last Updated: Oct 3, 2011 10:17 AM ET Walk through an airport or watch your favourite televsion show and you’ll undoubtedly...
View ArticleUsing Credit Cards to Target Web Ads (Emily Steel/Wall Street Journal)
Emily Steel / Wall Street Journal: Using Credit Cards to Target Web Ads — The two largest credit-card networks, Visa Inc. and MasterCard Inc. are pushing into a new business: The two largest...
View ArticleMasterCard makes Toronto priceless
New campaign tries to steal share from Visa’s grasp It has outlived the slogans of other global brands such as McDonald’s and Coca-Cola. Now, MasterCard’s 14-year-old “Priceless” positioning is serving...
View ArticleCanada #2 on MasterCard Mobile Payments readiness index
MasterCard ‘readiness index’ has Canada ranked at #2 right behind Singapore. This makes sense and the link has a lot of other info and countries listed. Read more about it
View ArticleCredit Cards and Tricks From People That Know Credit Cards
Credit Cards and Tricks From People That Know Credit Cards No one knows more about your own patterns and spending habits than you do. How credit cards affect you is a very personal thing. This article...
View ArticleRetail groups want right to refuse premium credit cards
Canadian retail organizations are urging Ottawa to create a stronger code of conduct for the credit card industry that would ensure merchants aren’t stuck with transaction costs when they accept Visa...
View ArticleMasterCard to hike fees for small businesses: CFIB
TORONTO — MasterCard Canada plans to follow Visa’s lead and increase transaction fees for small merchants this summer, according to the Canadian Federation of Independent Business. The CFIB said Friday...
View ArticleVisa, MasterCard to cut credit card interchange fees in Canada
Visa Inc. and Mastercard Inc. have voluntarily agreed to cut the fees they charge to retailers for credit transactions, the Canadian government said on Tuesday, adding it now sees no need to regulate...
View ArticleIRS Urged To Improve Card Payment Reporting
A report by the Treasury Inspector General for Tax Administration (TIGTA) has found that, unless the United States Internal Revenue Service (IRS) improves its plan to implement the merchant card...
View ArticleVisa, MasterCard See Potential Settlement at $4B
Visa Inc. (V) and MasterCard Inc. (MA), the world’s biggest payment networks, put any potential settlement of price-fixing litigation by merchants at about $4 billion. MasterCard “extrapolated an...
View Article€1 in every €3 to be spent on Visa
New figures, released yesterday by the company, show that €1 in every €7 spent here during 2012 was done so with a Visa card. That figure has improved, for the company, in the past couple of years —...
View ArticleChina’s B2C e-commerce market booming
B2C e-commerce in China, particularly in luxury goods, is expected to grow by more than 30 percent annually between 2010 and 2016. According to Germany-based secondary market research firm yStat.com, a...
View ArticlePorn sites more popular in UK than social networks
Pornographic websites are more popular in the UK than social networks, shopping, news, or business sites, according to figures obtained by theGuardian. Visits to legal porn sites accounted for 8.5 per...
View ArticleRuPay set to give Visa, MasterCard a run for their money in India
Visa and Mastercard are going to get a tough rival. RuPay, India’s own payment system floated by National Payment Corporation of India (NPCI), is likely to get a big leg-up with the government’s...
View ArticleJuly 2, 2019 Data Breach
At True North Payments, we value our clients business and respect the privacy of their information, which is why, in keeping with best practices and standards we are publishing a notice of a Data...
View Article