NEW YORK — Visa and Mastercard announced a major settlement with U.S. merchants March 26, potentially ending nearly two decades of litigation over the fees charged every time a credit or debit card is ...
The war over the proposed Credit Card Competition Act shows no signs of abating as combatants on both sides of the fence continue their efforts to sway legislators and public opinion on the matter of ...
Visa Inc. and Mastercard Inc. agreed to cap credit-card swipe fees - a deal that US merchants say will save them at least $30 billion over five years - in one of the most significant antitrust ...
High card-acceptance fees are the root cause for why some merchants are charging consumers for cash back at the point-of-sale, a service merchants have historically provided consumers even though ...
Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough. Visa and Mastercard say ...
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 ...
Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA) have reached a landmark antitrust class action settlement with U.S. merchants. Subject to approval by the U.S. District Court for the Eastern ...
Signage for Mastercard, Visa and Discover credit cards displayed at a store in New York, NY.. Photo: Getty Images Visa and MasterCard announced a settlement with U.S. merchants related to swipe fees, ...
Visa and Mastercard announced a major settlement with U.S. merchants on Tuesday, potentially ending nearly two decades of litigation over the fees charged every time a credit or debit card is used in ...