The settlement agreement had stipulated a number of terms, including that Visa and Mastercard will roll back the posted swipe fee of every merchant by at least four basis points for at least three ...

The settlement stems from a 2005 lawsuit which alleged that Visa and Mastercard and their member banks acted in violation of antitrust laws.

Judge rejects $30 billion Visa, Mastercard swipe-fee settlement The credit card companies will have to either renegotiate the deal with merchants or go to trial.

The settlement agreement had stipulated a number of terms, including that Visa and Mastercard will roll back the posted swipe fee of every merchant by at least four basis points for at least three ...

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 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 ...

Visa and Mastercard reached a landmark $30 billion settlement that will limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers.

The judge overseeing the massive credit card swipe-fee lawsuit reportedly is likely reject the agreement.

Additionally, the settlement would require Visa and Mastercard to maintain the swipe fee rates that existed as of December 31, 2023 for five years.

NEW YORK (Reuters) - 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 ...

Visa (V) and Mastercard (MA) have reached a settlement that will lower merchant swipe fees for card transactions. The settlement resolves antitrust claims that businesses were paying unfairly high ...

(The Hill) – A federal judge Tuesday rejected a $30 billion antitrust settlement between Visa, Mastercard and a select group of retailers that was decried by the larger industry. Visa and ...