Visa and Mastercard are calling a truce in the 20-year battle they’ve fought with the merchants who foot the bill every time a shopper uses one of their credit cards. The agreement, according to the ...
The two largest credit card companies have agreed to a multi-million-dollar settlement in a class-action lawsuit concerning ...
Visa and Mastercard have been fighting with merchants over payment fees for decades, and the card networks are offering new concessions in an effort to bring the fight to a close. This new offer will ...
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 ...
If approved, the settlement calls for Visa and Mastercard to reduce their swipe fees by 0.1% for five years. But trade groups have already come out against the deal, arguing the proposed changes are ...
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