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Visa and Mastercard have reached a new settlement with merchants in the “swipe fee” lawsuit that has been working its way through the court system for 20 years. This third proposed settlement would ...
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 ...
A fee dispute between Mastercard and merchants in the U.K. appears to have a resolution, a rarity in such fights, which often drag for years with settlements getting rejected. Processing Content The U ...
Let's dig into the Visa's (NYSE:V) and Mastercard's (NYSE:MA) proposed settlement with thousands of U.S. merchants, more than 90% of which are small businesses, to resolve long-running disputes over ...
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 ...
Visa (NYSE:V) and Mastercard's (NYSE:MA) default multilateral interchange fees came under fire Friday after London's Competition Appeal Tribunal ruled they violate European antitrust law, in a big win ...
Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...