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The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
NetPhotos/AlamyOnline shoppers no longer have to spend at least $50 on Target's website to get free shipping. By Yashaswini Swamynathan Target (TGT) halved the size of online orders eligible for ...
Customers who have the Target Circle Card will also benefit from an extra 30 days to return items, free 2-day shipping when purchasing online, and a discounted price on a Target Circle 360 membership.
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The company is one of the largest American-owned private employers in the United States. The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962.
The Act contains a provision that limits the first year annual fee for a credit card to 25% of the credit limit. Credit card issuers are still able to charge certain additional fees, such as "setup fees" or "program fees." The Act also restricts the fees that can be charged for gift cards and other prepaid cards.
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