US businesses paid a staggering $187 billion in swipe fees, mostly driven by Mastercard and Visa cards. Stablecoins are now posing a threat to these traditional services, with their potential…
This increase in Visa-Mastercard earnings has been attributed to the easing concerns among customers regarding the economic slowdown and to the large-scale discounts which were offered during the holiday shopping…
Visa and Mastercard based in the US, the two largest credit card networks in the world, proposed their multi-billion antitrust settlement with the US merchants in March A federal judge…
Currently, Capital One ranks as the third-largest issuer of Mastercard and Visa cards in the US, accounting for approximately 10% of credit card spending. Capital One Financial Corp. CEO Richard…
During the U.S-Africa Business Forum, Visa pledged to invest $1 billion in Africa by 2027 to advance resilient, innovative, and inclusive economies across the continent. Visa’s expanded investments establish the…