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  2. Payment card interchange fee and merchant discount antitrust ...

    en.wikipedia.org/wiki/Payment_Card_Interchange...

    The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...

  3. Authorization hold - Wikipedia

    en.wikipedia.org/wiki/Authorization_hold

    Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.

  4. Payment Card Industry Data Security Standard - Wikipedia

    en.wikipedia.org/wiki/Payment_Card_Industry_Data...

    The Payment Card Industry Data Security Standard ( PCI DSS) is an information security standard used to handle credit cards from major card brands. The standard is administered by the Payment Card Industry Security Standards Council, and its use is mandated by the card brands. It was created to better control cardholder data and reduce credit ...

  5. FTC orders Mastercard to open debit transactions ... - Engadget

    www.engadget.com/ftc-orders-mastercard-open...

    The Federal Trade Commission has ordered Mastercard to start providing competing payment networks with the information they need to process debit card payments. In a proposed enforcement action ...

  6. Bluedot's debit card for EV owners offers cheaper charging ...

    techcrunch.com/2023/01/23/bluedots-debit-card...

    Bluedot users also get 5% cash back on all automotive expenses, plus another 2% cash back for all other expenses. In addition, the company provides users with rewards in nearby shopping and dining ...

  7. Privacy.com rebrands to Lithic, raises $43M for virtual ...

    techcrunch.com/2021/05/20/privacy-com-rebrands...

    Put simply, Lithic was designed to make it simple for developers to programmatically create virtual and physical payment cards. Jiang is encouraged by the platform’s early success, noting that ...

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