Rewards Cards
Competition Tribunal Says No To Credit Card Surcharges
The case against Visa and MasterCard that sought to give retailers the right to impose surcharges on credit card transactions, or to refuse them altogether, has been thrown out by Canada’s Competition Tribunal. The Commissioner of Competition filed the case in 2010, arguing that Visa and MasterCard, the two most dominant card issuers in the…
Read MoreRicher Rewards, More Fees As Credit Card Landscape Shifts In Canada
A significant shift is taking place in the credit card industry as major credit card partnership programs change hands and card issuers fight for more wallet share. GreedyRates.ca, a credit card comparison site, released its quarterly report on the state of the credit card landscape in Canada. Of note, the report revealed that Canadians are…
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