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 ...

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 ...

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 ...

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 ...

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 ...

NEW YORK, Nov 10 (Reuters) - Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab announced a revised $38 billion settlement with merchants who accused the card networks of charging too much ...

Two sets of bills in the Texas Legislature regulating credit card interchange fees have brought together an unlikely coalition of skeptics, including JPMorgan Chase CEO Jamie Dimon. Nam Y. Huh / AP ...

Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment ...

The Credit Card Competition Act (CCCA) aims to reduce credit card swipe fees charged to small businesses. New Jersey small businesses paid over $3 billion in swipe fees in 2023, impacting consumers ...