On Tuesday, charge card issuers Visa, MasterCard and Diners Club, a Citigroup Inc. unit, agreed to settle a class-action lawsuit accusing them of charging excessive currency conversion fees. Other ...

MasterCard and Visa have been deceptive in their foreign currency conversion disclosure process, according to California Superior Court Judge Ronald Sabraw, who yesterday ordered the two card networks ...

We've long warned travellers to pay in the local currency rather than pounds to avoid hideous exchange rates – and from Friday, if you've a Mastercard prepaid card you won't be offered transactions in ...

MasterCard chief Robert Selander says the newly-independent card association has set aside $89 million to settle a currency conversion lawsuit, but cautions that other pending run-ins with merchants ...

Jenn spent the last decade empowering people to make informed personal finance decisions. As a freelance writer and public speaker, she's committed to helping people achieve their goals. She is ...

Dynamic currency conversion allows consumers to choose to use their home currency when transacting with retailers, restaurants and other services in foreign countries. Customers view a bill showing ...

As part of Commercial Bank of Ceylon’s sustained efforts to strengthen tourism-related businesses and improve convenience for foreign travellers, the Bank has partnered with Mastercard to introduce ...

Mastercard Inc. MA has provided Wirex, a borderless payments platform, with the membership of its Mastercard’s Accelerate program. With Mastercard principal membership, Wirex will be able to issue ...