Visa and Mastercard announced a settlement deal Monday in a decades-long legal battle over merchant fees on card transactions. The deal would lower the merchant fees associated with card transactions ...
A federal judge recently rejected an antitrust settlement between Visa (NYSE: V), Mastercard (NYSE: MA), and merchants over interchange, or swipe, fees. The proposed settlement was largely considered ...
Visa and Mastercard are two of the largest credit card networks, powering over 85% of credit card transactions nationwide. Chances are, you already carry one in your wallet. But what sets them apart?
A US 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. US District Judge ...
With fintechs and legal cases pressuring payment fees, the card companies are leaning more on revenue from other sources.
If approved, the settlement calls for Visa and Mastercard to reduce their swipe fees by 0.1% for five years. But trade groups have already come out against the deal, arguing the proposed changes are ...
Debit And Credit Cards, Visa Barclays Connect Natwest Switch American Express Mastercard. (Photo by Jeff Overs/BBC News & Current Affairs via Getty Images) Merchants reliant on credit card ...
Visa Inc. and Mastercard Inc. agreed to cut some of the fees they charge merchants and relax two of their most controversial rules in an effort to bring a 20-year legal battle with retailers to a ...