The rules on credit card rates and fees brought about by the CARD Act achieved the goal of protecting consumers against unfair credit card practices....
Making merchants an offer they can't refuse, PayPal is once again challenging Visa and MasterCard in their own backyard. And I like PayPal's chances....
Facebook will not displace credit cards, used for the purchasing of many of its credits, but the social network will compete with payment processors....
PayPal is offering subsidized credit card processing to physical retailers in a direct challenge to Visa's and MasterCard's dominance of the market....