A bipartisan group of lawmakers led by Rep. Lance Gooden, R-Texas, is pushing legislation that would significantly reform the credit card industry with the purpose of fostering greater competition, ...
A decadeslong lawsuit between Visa Inc., Mastercard Inc. and a large cohort of merchants could finally be nearing its conclusion — with potential implications for shoppers if stores choose to limit ...
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 part of ...
Visa and Mastercard announced a new proposal with U.S. merchants in a 20-year-long legal battle over interchange, or swipe, fees. The proposal includes a temporary reduction in swipe fees and could ...
If you have tapped to pay with a credit card, you’ve likely noticed that some merchants add a small fee for paying with credit instead of debit or cash. But what if the fee you paid depended on ...
Visa and Mastercard earlier this week agreed to a settlement with U.S. merchants, promising to lower the fees stores have to pay to process credit card payments ‒ at least in the near term. The ...
After a decades-long legal battle with merchants, Visa and Mastercard have agreed to settle an antitrust class-action lawsuit over credit card swipe fees, a move that could potentially benefit ...
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 ...
Visa V0.64%increase; green up pointing triangle and Mastercard MA 1.52%increase; green up pointing triangle are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by ...