Under the new proposal, Visa and Mastercard would lower swipe fees by an average of around 0.1 percentage point for several years and cap "standard" consumer card rates at 1.25% for eight years. But ...
Visa, Mastercard and its card-issuing banks agreed to a giant antitrust settlement to cap processing credit card fees among U.S. merchants, potentially ending close to two decades of litigation. The ...
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 ...
Two of the world's largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, agreed to settle a decadeslong antitrust case brought upon by merchants. The ...
Visa Inc. and Mastercard Inc. this month took yet another swing at a deal that seeks to end a battle with thousands of ...
NEW YORK — MasterCard Worldwide said it will establish a cap on the fees gas stations must pay to clear consumer credit cards and will publish a complete list of its so-called interchange fees, which ...
Have you ever had that surprise moment at a cash register where you've pulled out your credit card, ready to pay, and then the cashier announces there is an extra fee for paying with a credit card?