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NCB readies Visa debit card for roll-out Come September, National Commercial Bank (NCB) will undertake the first phase in its distribution of the much-anticipated Visa debit card for customers.
“CBP officers contacted the bank listed on the Visa debit cards and learned that the cards were unemployment benefit cards,” it added. “Three cards held balances, but had not yet been activated.
The Justice Department has sued Visa, accusing the giant payments company of seeking to monopolize the debit card business.
The U.S. Justice Department has sued Visa Inc., alleging the global payments giant illegally monopolized the debit card market.
The complaint filed Tuesday says Visa penalizes merchants and banks who don’t use Visa’s own payment processing technology to process debit transactions, even though alternatives exist.
In a bid to attract more visitors from the Gulf Cooperation Council (GCC) region, Jamaica's Minister of Tourism, Hon. Edmund Bartlett, has said plans are in train to review visa facilitation.
The complaint says Visa penalizes merchants and banks who don’t use Visa’s payment processing technology to process debit transactions, even though alternatives exist.