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  2. Mastercard - Wikipedia

    en.wikipedia.org/wiki/Mastercard

    In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history. [35]

  3. Cirrus (interbank network) - Wikipedia

    en.wikipedia.org/wiki/Cirrus_(interbank_network)

    Cirrus is a worldwide interbank network that provides cash to Mastercard cardholders. As a subsidiary of Mastercard, it connects all Mastercard's credit, debit, and prepaid cards, as well as ATM cards issued by various banks worldwide bearing the Mastercard/Maestro logo.

  4. Chase Paymentech - Wikipedia

    en.wikipedia.org/wiki/Chase_Paymentech

    After the merger with Bank One in 2004, JPMorgan Chase and Paymentech were integrated into Chase Merchant Services. Chase Mobile Checkout product was launched in May 2013 and allowed businesses to accept credit and debit cards via smartphone with their mobile app and card reader. [5]

  5. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    In 1966, the ancestor of MasterCard was born when a group of banks established Master Charge to compete with BankAmericard; it received a significant boost when Citibank merged its own Everything Card, launched in 1967, into Master Charge in 1969. Early credit cards in the U.S., of which BankAmericard was the most prominent example, were mass ...

  6. Lower Mastercard and Visa Swipe Fees Are Coming - AOL

    www.aol.com/finance/lower-mastercard-visa-swipe...

    A recent settlement between Visa, Mastercard and the largest U.S. credit card issuing banks and merchants has lowered swipe fees for the next five years, saving money on your monthly credit card ...

  7. Card scheme - Wikipedia

    en.wikipedia.org/wiki/Card_scheme

    Card schemes are payment networks linked to payment cards, such as debit or credit cards, of which a bank or any other eligible financial institution can become a member. By becoming a member of gets the possibility to issue cards or acquire merchants operating on the network of that card scheme.

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