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DOJ Files Suit Against Visa, Alleges Debit Card Market Monopoly
x/united-states-department-of-justice
— Sep 24, 2024
The U.S. Justice Department (DOJ) filed an antitrust lawsuit Tuesday in the Southern District of New York against Visa, accusing the credit card giant of abusing its market dominance to stifle competition in the debit…
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Credit Card Minimums Fuel Growing Debt, Survey Finds
Finance
— Aug 26, 2026
Across finance coverage, a substantial share of U.S. cardholders carry balances and pay only the minimum each month, with average debt and interest around $7,700 and roughly 21% APR, which can stretch repayment into years and significantly inflate total costs. Separately, travelers can mitigate cash and FX hassles by using travel credit cards for most purchases while maintaining a dedicated travel debit account as a cash backup.
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CIMB Malaysia Expands Apple Pay to Credit Cards
Business
— Jul 21, 2026
CIMB Malaysia has finally enabled Apple Pay for most CIMB Visa and Mastercard credit cards via the CIMB Octo app or Apple Wallet, excluding Petronas Visa Infinite-i, Petronas Platinum-i, Platinum Business, Fuel Tanker, and all debit cards, with a limit of five devices per card. The rollout also includes up to RM118 cashback for five qualifying Apple Pay transactions by 14 September 2026, and users must re-add their card on a new device and authenticate each payment.
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