Canadian customers will soon be subject to additional fees when paying for purchases with certain premium credit cards, now that Visa and MasterCard have entered into a settlement agreement stemming from a class action lawsuit that will see both companies make changes to their “No Surcharge Rule”. In 2011, Canadian merchants filed a lawsuit alleging …
They’re convenient, easy-to-use and yes – they’re safe too! We take a look at the significant growth of tap to pay cards and how they’re more secure than their predecessors.
Nearly two years after the government requested Visa and MasterCard lower their interchange fees, federal finance Minister Bill Morneau has announced that the government will step in to assess the situation.
Want a card that can help you pay off your debt within a year’s time? Enter the MBNA Platinum Plus MasterCard® which offers cardholders a 0% rate on balance transfers for the first 12 months.
Despite the debt-to-income ratio lowering in the first quarter of 2016, Canadians still owe $1.65 for every dollar they have. Here’s what you need to know.
Why is Apple Pay Canada only available via American Express cards? That the tech giant might be tangled with Canada’s big banks over interchange fees is a potential theory. Here are the details on the long-awaited payment app’s launch, and when Visa and MasterCard customers may get in on the action.
Are passwords becoming a thing of the, well, past? MasterCard has introduced new smartphone “selfie”-recognizing technology to bypass old pin and password methods. Would you use it? Read on to learn more.
Credit card interchange fee caps come into effect this month, meaning merchants will pay less to the banks to process every purchase made with plastic. It’s supposed to be a move that will benefit both consumers and business owners – but will it really? We look to examples set in other countries where fees have been capped.
The cuts to credit card interchange fees for merchants will go into effect this April – but will this hit to banks’ revenues result in your credit card rewards being slashed? Read on for our break down of what consumers can expect.
It’s time to get back to finance basics – read on for answers to your top credit card and mortgage questions, along with the week’s top headlines.