Organisation: Visa Inc.

Peru joins LatAm enforcers in probing Visa payment processing allegations

Peru’s antitrust watchdog is investigating Visa over allegations that it has abused its dominance by imposing fees on rival transaction processing services that offer consumers a cheaper alternative to making international payments.

08 March 2023

Visa and Mastercard face another multi-billion pound UK interchange fee claim

A UK litigation firm plans to file another competition class action claim against Mastercard and Visa over their multilateral interchange fees, seeking an estimated £7.5 billion on behalf of businesses accepting consumer credit or debit cards.

21 February 2023

Greek market study reveals “inherent weaknesses” in fintech sector

Greece’s Competition Commission has identified weaknesses in the country’s growing financial technology market that could allow large and more established technology companies to exploit their access to data and foreclose start-ups.

04 January 2023

Visa seeks communications clarification from CAT

Visa is seeking permission from the UK’s Competition Appeal Tribunal to enter into settlement negotiations with merchants that have sued the company or intend to do so – but are also proposed members of a class action against it and thus subject to a recently issued communications ban.

13 December 2022

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