Visa and Mastercard Reach Settlement Agreement with Merchants over Swipe Fees

Tuesday, 26 March 2024, 18:38

Visa and Mastercard have reached a significant settlement with U.S. merchants, marking the potential conclusion of a long-standing legal battle regarding credit card fees. The resolution of this antitrust lawsuit can have far-reaching implications for the payment industry and may lead to changes in fee structures and industry practices.

https://store.livarava.com/5fbb431d-ebae-11ee-aec2-63fd8ea994ba.jpg — Visa and Mastercard Reach Settlement Agreement with Merchants over Swipe Fees

Visa and Mastercard Settlement

Visa and Mastercard have announced a major settlement with U.S. merchants, potentially ending nearly two decades of litigation between merchants and the major payment companies over credit card fees.

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