(Bloomberg) — Australia dealt a severe blow to international students Monday by raising visa application fees by 125% to boost the “integrity” of its fourth-largest export and help slow overall migration. Most Read from Bloomberg The increase to A$1,600 ($1,067) per application, from A$710 starting July 1, will help “create a migration system which is […]
By Jonathan Stempel NEW YORK (Reuters) – A federal judge said Visa and Mastercard can likely withstand a “substantially greater” settlement with merchants who said they overpaid on swipe fees than the $30 billion accord she rejected this week. U.S. District Judge Margo Brodie in Brooklyn made her assessment in an 88-page opinion released on […]
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards. U.S. District Judge Margo Brodie in Brooklyn said she was not likely to grant final approval to the […]
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards. U.S. District Judge Margo Brodie in Brooklyn concluded that she was not likely to grant final approval to […]
(Reuters) – China is pushing for Visa and Mastercard to lower their bank card transaction fees in the country, as part of an effort to facilitate payments for foreign visitors, Bloomberg News reported, citing a person familiar with the matter. The Payment & Clearing Association of China is negotiating with global card issuers including Visa […]
(Bloomberg) — Ecuador temporarily stopped a visa agreement with China, citing “a worrying increase in migratory flows from” the Asian nation in recent months. Most Read from Bloomberg The Foreign Affairs Ministry of the South American nation said in a statement Tuesday that the arrivals either stayed “in an irregular immigration situation or would have […]
South Korea will soon launch a new visa for foreign nationals who dream of training like a K-pop idol, in a bid to boost its tourism industry back to pre-pandemic levels. The “K-Culture Training Visa” will be open to foreigners who want to train in K-pop dancing, choreography and modeling, the finance ministry announced on […]
NEW YORK (Reuters) — Visa’s and Mastercard’s proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord. U.S. District Judge Margo Brodie in Brooklyn told lawyers for the card networks and objectors at a hearing […]
Long a popular spot and stop for hedonists, beach bums and backpackers, Thailand is aiming to ramp up visitor numbers to pre-Covid levels with a revamped border system. The new rules, which are to take effect later this year, will see passport holders from 93 countries be given a 60-day on-arrival stamp, up from the […]
NEW YORK (AP) — Your wallet may soon be getting thinner. Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit […]
(Bloomberg) — JPMorgan Chase & Co. said it expects to book an $8 billion accounting gain after completing its part of a deal with Visa Inc. letting big banks restructure their stakes in the payments giant. Most Read from Bloomberg The plan, announced last year, allowed JPMorgan to tender 37.2 million shares of Class B-1 […]
Turkey is the latest country to open its arms to remote workers keen to relocate. Citizens from several European countries, plus Canada and the US, are eligible for a new visa. Here’s what it takes to get the Digital Nomad Identification Certificate for Turkey. Digital nomads are now welcome to stay in Turkey. The country joins […]