EU Launches Antitrust Probe of MasterCard Fees

The European Commission has begun an investigation regarding the fees MasterCard charges consumers for card transactions made while visiting Europe. According to the BBC, the European Commission, the antitrust regulator of the European Union, said some of the firm's "inter-bank … Continue reading

LowCards.com Weekly Credit Card Update–March 29, 2013

What You Need to Know About Credit Card Processing Here is a series of posts about a search for an honest and affordable processor of credit card transactions. My own search began when I was tipped off that I was … Continue reading

MasterCard Hits PayPal with New Fees

Up until now, PayPal and similar electronic payment processors have been able to avoid excessive fees from credit card companies, with those companies assuming all the costs for transactions in their systems. MasterCard has finally grown tired of this, and … Continue reading