Chargebacks are always an issue for merchants. While there are numerous programs and indicators to identify fraudulent ones, detecting and managing first-party fraud—that committed by legitimate ...

The series of antitrust class action lawsuits first brought by U.S. merchants against Visa and Mastercard in 2006 continued its winding path toward closure as the parties announced in March 2024 that ...

Visa and Mastercard announced a revised settlement with merchants who accused the card networks of charging too much to accept their credit cards, after a judge rejected an earlier $30 billion accord ...

Visa (V) and Mastercard (MA), the two biggest U.S. card payment networks, reached a proposed settlement that resolves a lawsuit against the two companies and other defendants filed by merchants in ...

Visa Inc. and Mastercard Inc. agreed to cap credit-card swipe fees - a deal that US merchants say will save them at least $30 billion over five years - in one of the most significant antitrust ...

NEW YORK, March 26 (Reuters) - Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some ...

Visa V-4.46%decrease; red down pointing triangle and Mastercard MA-3.76%decrease; red down pointing triangle are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by ...