NEW YORK — Visa and Mastercard announced a major settlement with U.S. merchants March 26, potentially ending nearly two decades of litigation over the fees charged every time a credit or debit card is ...

The war over the proposed Credit Card Competition Act shows no signs of abating as combatants on both sides of the fence continue their efforts to sway legislators and public opinion on the matter of ...

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 ...

High card-acceptance fees are the root cause for why some merchants are charging consumers for cash back at the point-of-sale, a service merchants have historically provided consumers even though ...

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 ...

On Friday, March 22nd, 2024, it was announced that American Express will be sued over its merchant fees in a lawsuit held at Rhode Island federal court. 5,155 merchants claim that Amex’s high fees – ...

Signage for Mastercard, Visa and Discover credit cards displayed at a store in New York, NY.. Photo: Getty Images Visa and MasterCard announced a settlement with U.S. merchants related to swipe fees, ...

Visa and Mastercard announced a major settlement with U.S. merchants on Tuesday, potentially ending nearly two decades of litigation over the fees charged every time a credit or debit card is used in ...