The settlement at hand would extend to all U.S. merchants that accepted Visa or Mastercard debit or credit cards dating back to December 2020. Getty Images (ljubaphoto) By Andy Medici – Senior ...

Visa and Mastercard on Tuesday reached a landmark $30 billion settlement that will limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers.

The settlement is set to lower swipe fees merchants pay when customers make purchases using their Visa or Mastercard by $30 billion over five years, according to a press release announcing the ...

According to the settlement announced Tuesday, Visa and Mastercard will cap the credit interchange fees into 2030, and the companies must negotiate the fees with merchant buying groups.

Apple, Mastercard, and Visa have managed to get a lawsuit dismissed claiming that the three companies conspired to inflate ...

A U.K. judicial body says the card networks have breached competition laws, while Belgian regulators are examining Wordline ...

Apple , Visa and Mastercard have persuaded a U.S. judge to dismiss a lawsuit accusing them of conspiring to suppress ...

A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense. Tech firms and ...