Blogs about: Credit Card Antitrust

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"A New Business Model For Card Payments" (Via Diamond Management & Technology Consultants)

waytoohigh wrote 1 day ago: See below abstract from the Diamond Management & Technology Consultants report by Amy Dawson and … more »

Tags: Credit Cards, mastercard, merchant interchange, visa

"Cracking Down on Hidden Fees" (via Washington Post)

waytoohigh wrote 1 day ago: A bill that would allow merchants to negotiate interchange fees directly with credit card companies … more »

Tags: Credit Cards, mastercard, merchant interchange, visa, American Bankers Association, Credit Card Fair Fee Act of 2008, Edward L. Yingling, Merchants Payment Coalition, nancy trejos

Visa and MasterCard Interchange Fee Increases Impact PIN-based Debit Cards

waytoohigh wrote 2 days ago: While Visa and MasterCard attempt to limit the outrage over their windfall profiteering at the pumps … more »

Tags: American Express, Banking, credit card interchange report, Credit Cards, debit cards, chase paymentech, PIN based debit cards, Signature Cards

"Gas stations say credit card fees are pinching meager profits" (via DallasNews.com)

waytoohigh wrote 4 days ago: The struggle with high oil prices has a new villain: credit card companies.  While many drivers hav … more »

Tags: Banking, Credit Cards, debit cards, mastercard, visa, Chevron stations, John Conyers chairman House Judiciary Committee

Tulips, Silver, Housing Market and Oil Speculators Have Nothing on MasterCard and Visa

waytoohigh wrote 1 week ago: Gas prices might plunge to $50.00 a barrel, yet MasterCard and Visa’s nearly $50 billion hidden ta … more »

Tags: Antitrust, Banking, Credit Cards, mastercard, merchant interchange, visa, An Open Letter To All Airline Customers, Gas, gas crisis

MasterCard Worldwide and Visa Inc. vs. Ticketmaster

waytoohigh wrote 1 week ago: On Monday evening, I attended the Los Angeles Staples Center performance of the American Idol summer … more »

Tags: Credit Cards, mastercard, visa, waytoohigh.com, American Idol, Ticketmaster

"Rally protests gas prices, credit card fees" (via OC Metro)

waytoohigh wrote 2 weeks ago: Via OC Metro Magazine Irvine business owner organizes rally to call attention to the fees credit … more »

Tags: credit card interchange report, Credit Cards, debit cards, Gas prices, mastercard, Profiteering, scanmyphotos.com, visa, 7-Eleven

"Old-time protest of high fuel prices might be a gas" (via LA Times)

waytoohigh wrote 2 weeks ago: Excerpt from July 1 Los Angeles Times Some people just sit around and complain about a problem (Not … more »

Tags: 30 minute photos etc, Banking, Credit Cards, debit cards, mastercard, scanmyphotos.com, visa, waytoohigh.com, credit card fees

Credit Card Fees at the Pump are a 'Hidden Tax' on Consumers (via ConsumerAffairs.com)

waytoohigh wrote 2 weeks ago: Rising oil prices a gusher for card companies   By Martin H. Bosworth (reposted in its entirety … more »

Tags: Credit Cards, debit cards, Gas prices, interchange fee, mastercard, merchant interchange, visa, ConsumerAffirs.com, Martin H. Bosworth

MEDIA ADVISORY: Rally to Stop Skyrocketing Credit Card Fees on Gasoline

waytoohigh wrote 3 weeks ago: MEDIA ADVISORY                                            … more »

Tags: mastercard, Profiteering, waytoohigh.com, Credit Cards, credit card interchange report, interchange fee, scanmyphotos.com, Antitrust, visa

Merchants Say That Visa Fee Cut is Less Than Meets the Eye

waytoohigh wrote 3 weeks ago: WASHINGTON, June 27 MPC-Visa-fee-cuts Credit Card Fees on Gasoline Might Actually Be Higher, Not Low … more »

Tags: mastercard, Profiteering, Credit Cards, payment news, Interchange, merchant interchange, Banking, interchange fee, Antitrust

Why Technology Has Not Trimmed Merchant Interchange Fees

waytoohigh wrote 3 weeks ago: Visa and MasterCard can do all the back peddling they want - from creating an independent board of d … more »

Tags: Antitrust, Banking, Credit Cards, mastercard, visa

Noise from the American Bankers Association

waytoohigh wrote 3 weeks ago: “ABA SAYS JUSTICE DEPARTMENT AND FTC LETTERS MAKE STRONG CASE AGAINST INTERCHANGE LEGISLATION. … more »

Tags: Antitrust, Banking, credit card interchange report, Credit Cards, interchange fee, mastercard, merchant payment, Price Fixing, scanmyphotos.com

Great American Protest: Rally Against Visa and MasterCard's Profiteering From Record Gas Prices Planned at Start of July 4th Holiday

waytoohigh wrote 3 weeks ago: Are you overwhelmed by the record gas prices? Did you know that Visa, MasterCard and thousands of it … more »

Tags: Banking, Credit Cards, debit cards, mastercard, Price Fixing, Profiteering, visa, waytoohigh.com, Gas prices

Amex, MasterCard Reach $1.8 Billion Settlement in Antitrust Suit

waytoohigh wrote 3 weeks ago: American Express Co. reached a $1.8 billion settlement with MasterCard Inc. over the card issuer … more »

Tags: American Express, Banking, Credit Cards, mastercard, visa

OPEC, Visa and MasterCard Have Much in Common

waytoohigh wrote 1 month ago: Thomas W. Evans wrote a New York Times Op-Ed ["Sue OPEC," June 19] calling for United States to su … more »

Tags: Antitrust, credit card interchange report, Credit Cards, Gas prices, interchange fee, mastercard, sherman antitrust act, visa, waytoohigh.com

MasterCard: Greed or Fraud?

waytoohigh wrote 1 month ago: By bailing out the member banks, I wonder if the new MasterCard shareholders understand just how d … more »

Tags: mastercard, Credit Cards, Interchange, merchant interchange, merchant account, Banking, interchange fee, Antitrust, Javier Perez

"House to Hold Hearings on Credit Card Interchange Fees" (via ConsumerAffairs.com)

waytoohigh wrote 2 months ago: Click here to read the May 14th ConsumerAffairs.com article by Martin Bosworth.  Reprinted below. … more »

Tags: Antitrust, Banking, Credit Cards, mastercard, merchant interchange, visa, consumeraffiars.com, Credit Card Fair Fee Act of 2008, Martin Bosworth

At $50 Billion, Is MasterCard and Visa's Member Banks' Cartel Nearing its End?

waytoohigh wrote 2 months ago: The total annual merchant interchange fees continue to soar and reflect a growing discontinuity with … more »

Tags: Antitrust, credit card interchange report, Credit Cards, debit cards, Interchange, interchange fee, mastercard, merchant interchange, visa


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