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 ...
(Bloomberg) -- Visa Inc. and Mastercard Inc. are close to a new agreement that will attempt to settle a two-decade legal spat with merchants, according to a person with direct knowledge of the matter.
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 ...
Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...
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 ...
With fintechs and legal cases pressuring payment fees, the card companies are leaning more on revenue from other sources.
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 ...