The settlement at hand would extend to all U.S. merchants that accepted Visa or Mastercard debit or credit cards dating back to December 2020. Getty Images (ljubaphoto) By Andy Medici – Senior ...

Visa, Mastercard can likely handle swipe-fee settlement bigger than $30 billion: judge Judge's remarks come after she rejected a proposed $30 billion settlement last week ...

Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord.

Judge rejects $30B Visa, Mastercard ‘swipe fee’ settlement by Taylor Giorno - 06/25/24 12:59 PM ET. by Taylor Giorno - 06/25/24 12:59 PM ET. Share ...

Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have agreed to settle a decadeslong antitrust case brought upon by merchants.

A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants that accept their credit and debit cards.

According to the terms of the settlement, Visa and Mastercard must lower their interchange fees by at least 4 basis points (that’s 0.04 percentage points) for at least three years. For five ...

Visa, Mastercard's Swipe Fee Settlement Might Save You Money, For Now. The limited-time agreement directly benefits merchants, which can potentially pass savings on to consumers.

Visa and MasterCard announced a settlement with U.S. merchants related to swipe fees that could potentially save American shoppers tens of billions of dollars. Swipe fees are paid to Visa ...

Visa and Mastercard reached a settlement with U.S. merchants this week that could have some trickle-down effects for consumers if the deal is approved. The agreement would lower credit card ...

Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have agreed to settle a decadeslong antitrust case brought upon by merchants.

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 ...