Credit Cards, Visa | featured news

Visa, MasterCard and major banks have agreed to pay $7.3 billion to millions of merchants to end a dispute over card fees.

CTIA Wireless, the U.S. cellphone phone industry's annual trade show that starts Tuesday, is drawing heavy participation not just from the cellphone industry, but from MasterCard, Visa, and other companies in the business of moving money around.

Visa and MasterCard credit cards are no longer valid in Syria under new U.S. sanctions targeting Damascus because of its deadly crackdown on a 5-month-old uprising, officials said Thursday.

Visa Inc said on Wednesday quarterly profit rose by 40 percent, on a higher volume of global payments and a $1 billion gain from revaluing its Visa Europe put option.

WikiLeaks says it's suing the European operations of Visa and MasterCard because they cut off services to the secret-spreading website last December.

Visa Europe is suspending all payments to whistle-blowing website Wikileaks ahead of an investigation into the organisation.