Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...
A decadeslong lawsuit between Visa Inc., Mastercard Inc. and a large cohort of merchants could finally be nearing its conclusion — with potential implications for shoppers if stores choose to limit ...
Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards. The deal, which is still subject to ...
As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...
According to preliminary insights from Mastercard SpendingPulse™, U.S. retail sales excluding autos were up +4.1% on Black Friday, November 28 compared to Black Friday 2024. Mastercard SpendingPulse ...
Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough. Visa and Mastercard say ...