U.S. Justice Department Accuses Visa of Illegal Monopoly that Adds to the Price of ‘Nearly Everything’ ...

Michael Cozzi bought a prepaid debit card for his friend and put $300 on it—only to be told by every party involved with the ...

Interchange fees and financial incentives for merchants, banks and mobile wallets could come under pressure if the government ...

The department has filed a lawsuit against Visa, saying it illegally stifles competition. It's an argument the industry has ...

Consumer watchdog organization Accountable.US recently published a report accusing finance giants Visa and Mastercard of ...

For example, a debit card takes funds directly from your bank account ... Like debit cards, credit cards typically belong to a card processing network like Visa and Mastercard and can be used anywhere ...

Visa has dominated the debit and credit card network space for years. The Justice Department is scrutinizing its practices.

As was previously reported, the US Department of Justice (DOJ) has filed a lawsuit against Visa (NYSE:V) claiming ...

The Justice Department alleges that for more than a decade, Visa has abused its dominant position in the debit card market.

Visa stock has dropped about 7% since the suit was filed on Tuesday. As for its competitors, Mastercard (NYSE:MA) stock dropped about 2%, while American Express (NYSE:AXP) jumped 1.5% and Discover ...

The US Justice Department (DOJ) sued Visa on Tuesday, accusing the payment giant of maintaining an illegal monopoly over ...

Visa Inc. V shares continued to decline following the Department of Justice (DOJ) filing an antitrust lawsuit. The quivers ...