The series of antitrust class action lawsuits first brought by U.S. merchants against Visa and Mastercard in 2006 continued its winding path toward closure as the parties announced in March 2024 that ...
Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.
NEW YORK – Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards. The most important ...
FILE - This April 22, 2005, file photo, shows logos for MasterCard and Visa credit cards at the entrance of a New York coffee shop. Visa and MasterCard announced, Tuesday, March 26, 2024, a settlement ...
LONDON (Reuters) -Global payments processors Visa and Mastercard's default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in ...
(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.
Visa and Mastercard have been fighting with merchants over payment fees for decades, and the card networks are offering new concessions in an effort to bring the fight to a close. This new offer will ...
(RTTNews) - Visa (V) has agreed to a settlement with U.S. merchants lowering credit interchange rates and capping those rates into 2030. The company said the settlement gives merchants greater ...
Visa Inc. and Mastercard Inc. agreed to lower and cap credit-card interchange rates as part of a landmark settlement with U.S. merchants that follows almost two decades of litigation, the parties said ...
Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more. NEW YORK — Visa and Mastercard have proposed a settlement in their long-running legal dispute ...