Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...
Whether it’s the annual fee credit-card users have to pay or the processing fees merchants have to cover, credit-card issuers such as Visa and Mastercard are making money in all directions. And plenty ...
NEW YORK — Visa and Mastercard announced a revised $38 billion settlement with merchants who accused the card networks of charging too much to accept their credit cards, hoping to satisfy a judge who ...
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 ...
Visa/Mastercard may cut swipe fees a hair (about 0.1%), which helps stores but won’t show up as obvious price drops for shoppers Stores could get more power to favor cheaper cards and even say “no” to ...
Visa and Mastercard have reached a proposed settlement in a long-running legal fight with merchants and retailers that could determine which credit cards stores accept and whether shoppers face ...
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 ...
Banks and credit card companies are lobbying to convince the central bank to strike a compromise on plans to cut bank interchange fee revenue by $900 million.
Visa (V) and Mastercard (MA) have recently agreed to settle a lawsuit accusing the card payment network giants of conspiring to maintain artificially high ATM access fees. The case dates back to 2011, ...