A suspected nationwide disruption of credit card transactions is reported, with major companies like East Japan Railway Co. and leading convenience store operators such as Seven-Eleven Japan Co. experiencing an inability to accept credit card payments.
Overhauling the interchange system needs to make sense for everyone it affects. We know that it would cut costs for merchants, but that comes at a cost for consumers.
India Business News: NEW DELHI: With just a week to go to implement 'tax collected at source' (TCS) on credit card transactions on specific foreign exchange transactions, .