Remove credit-card
article thumbnail

Walmart Sues Capital One to End Branded Credit Card Partnership

Retail TouchPoints

Walmart has filed a lawsuit seeking to end its credit card contract with Capital One Financial , alleging that the payment company failed to live up to certain terms of the agreement. 31, 2022, the card program at Walmart consisted of $8.3 The program produced about $214 million in net income that year.

article thumbnail

New York Credit Card Surcharge Mandate Goes Into Effect

Retail Wire

A new surcharge for credit card users in New York State means retailers will be passing on the surcharge to their customers, but they must indicate that on each item sold.

130
130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Overstock Looks to Drive Loyalty with New Co-Branded Credit Card

Retail TouchPoints

This credit card rewards Club O members — our most loyal customers — with exciting new benefits that we expect will encourage even greater loyalty to Overstock.” Credit card holders also will receive complimentary membership in Overstock’s rewards program, Club O , which typically costs $19.95

article thumbnail

Mastercard to raise credit and debit card fees

Mass Relators

WASHINGTON – Almost immediately after agreeing to reduce “swipe” fees charged to merchants to process credit card transactions, Mastercard plans to increase fees for both credit and debit card transactions by more than $250 million this month, the Merchants Payments Coalition said Wednesday.

article thumbnail

New York Issues Credit Card Surcharge Guidance for Businesses

Hunton Andrews Kurth

S1048A into law (which we reported about here ) requiring sellers that impose credit card surcharges to post the total price, inclusive of the surcharge, on the item. The law is aimed at preventing consumers from being misled when making a purchase using their credit card.

article thumbnail

Walgreens Debuts Wellness-Focused Credit Card, Giant Eagle Expands In-Store Digital Payment Options

Retail TouchPoints

Walgreens has introduced the myWalgreens Credit Card program, while supermarket chain Giant Eagle will start accepting PayPal and Venmo in-store as retailers continue expanding their payment options. Shoppers can apply for either Walgreens card in real time at checkout.

article thumbnail

Mastercard launches global plan to recycle credit cards

Inside Retail

Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in circulation across the industry from landfill. billion cards in circulation. Currently, Mastercard said it has around 3.1 billion by 2027.

Planning 130