Category Archives: Interchange

In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation

  If you are a merchant that has accepted Visa and MasterCard credit cards for a reasonable time, are you aware that you may soon be entitled to significant reimbursement of interchange fees?   On October 19, 2012, a Definitive Class Settlement … Continue reading

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UPDATED LEVEL III DATA ENTRY REQUIREMENTS

Visa and MasterCard now require Level III data entry for all corporate card types, including corporate, purchase, procurement, and fleet cards.  Accounts receivable departments can retain 1% of the total amount of invoices paid with corporate charge cards, simply by … Continue reading

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