Tag Archives: card

Apple, Visa and Mastercard sued in proposed class action antitrust case over Apple Pay card fees

Apple, Visa and Mastercard sued in proposed class action antitrust case over Apple Pay card fees The lawsuit alleges Visa and Mastercard bribed Apple to hamper competition, which drove up merchant fees. Cheyenne MacDonald   Sat, Dec 16, 2023 REUTERS / Reuters A proposed class action lawsuit has accused Apple of accepting a form of … Continue reading Apple, Visa and Mastercard sued in proposed class action antitrust case over Apple Pay card fees

Workers at trading card marketplace TCGplayer form eBay’s first union

eBay is buying the trading card marketplace TCGplayer for $295 million   Amrita Khalid @askhalid eBay is placing a big bet on the booming trading card industry. The company is set to buy TCGplayer — an online marketplace for trading card games — in a deal valued up to $295 million, it announced today. Launched … Continue reading Workers at trading card marketplace TCGplayer form eBay’s first union

Credit card late fees are set to drop by 75% if the Biden administration gets its way

  By Clint Rainey February 01, 2023 President Biden has put exorbitant credit card late fees in his administration’s regulatory crosshairs. On Wednesday, the administration announced the proposal of a new rule to cap those fees at $8, potentially saving American families as much as $9 billion per year. It seeks to reform the practice … Continue reading Credit card late fees are set to drop by 75% if the Biden administration gets its way

CWA files unfair labor practice charge against eBay’s trading card subsidiary

CWA files unfair labor practice charge against eBay’s trading card subsidiary   Kris Holt @krisholt The Communications Workers of America (CWA) has filed an unfair labor practice charge against eBay-owned TCGplayer on behalf of workers at the trading card marketplace. The organization says TCGplayer supervisors and managers, including founder and CEO Chedy Hampson, illegally surveilled … Continue reading CWA files unfair labor practice charge against eBay’s trading card subsidiary

Credit Karma might owe you money over fake ‘pre-approved’ card offers: Here’s how to find out

By Clint Rainey September 07, 2022   The Federal Trade Commission (FTC) is ordering Credit Karma, the free personal-credit monitoring site, to pay $3 million to users who received “false ‘pre-approved’ credit card offers” that ended up hurting their credit scores. The agency filed a complaint alleging that from February 2018 to April 2021, Credit … Continue reading Credit Karma might owe you money over fake ‘pre-approved’ card offers: Here’s how to find out

Debit Vs. Credit Card Spending Rose During Holidays For COVID Lockdown Categories

Debit Vs. Credit Card Spending Rose During Holidays For COVID Lockdown Categories by Laurie Sullivan , Staff Writer @lauriesullivan, January 28, 2022 Despite supply-chain slowdowns and record out-of-stock warnings during the 2021 holiday season, U.S. consumer spending on credit and debit cards from the week of Thanksgiving through the week of Christmas for 2021 rose 22%, … Continue reading Debit Vs. Credit Card Spending Rose During Holidays For COVID Lockdown Categories