Visa and Mastercard Agree to Cap Their Swipe Fees in Settlement

By Tara Siegel Bernard Visa and Mastercard have agreed to cap the so ... while letting customers know why some cards — typically business cards and those with more rewards and perks — cost ... Read More

Retailers slam Visa, Mastercard settlement on swipe fees

Retail industry groups slammed a proposed settlement announced Tuesday between Visa and Mastercard and a group ... remains that these fees are an unfair business practice that harms merchants ... Read More

Visa and Mastercard agree to slash fees in $30B landmark settlement

Representatives for Visa declined to comment beyond the company’s press release. The Post has also sought comment from Mastercard. In March 2023, the Manhattan federal appeals court upheld a ... Read More

Visa, Mastercard reach $30 billion settlement over credit card fees

opens new tab could cut deals with larger banks for cards that offer discounts at checkout. But he said the accord reflects "extraordinary concessions" by Visa, Mastercard and banks because ... Read More

Visa, Mastercard Settle Long-Running Antitrust Suit Over Swipe Fees With Merchants

a small-business advocacy group. “As long as the credit card networks, Visa and Mastercard, get to set the interchange rates for every bank that issues a credit card, anti-competitive pricing ... Read More

‘Cost of doing business’: Visa, Mastercard settle antitrust suit; small decrease to card swipe fees

You may see some decreased credit card swipe fees, following Visa and Mastercard settling an antitrust suit… but will your bank account actually feel any of those changes? McDonald's menu brings ... Read More

Premium credit card holders may pay more thanks to $30B Visa-Mastercard settlement

The $30 billion settlement that was reached on Tuesday between merchants and credit card giants Visa and Mastercard could ... to an analysis by Bloomberg News. Visa Infinite charges an annual ... Read More

Visa and Mastercard agree to $30 billion settlement that will lower merchant fees

“The fact remains that these fees are an unfair business practice ... saying it’s “welcome news.” Capital One, which currently issues cards with Visa and Mastercard, would likely try ... Read More

Visa, Mastercard credit-card settlement could save businesses billions

Credit-card giants Visa Inc. and Mastercard Inc. have agreed to a settlement ... co-lead counsel at Hilliard Shadow LLP, in a news release. "It provides comprehensive market-based solutions ... Read More

Business news from around the region

The Inpatient Rehabilitation floor at Northwest Health–Portage recently enhanced the way they celebrate patients who have successfully completed their intensive rehabilitation programs ... Read More

Visa, Mastercard lower swipe fees in settlement with merchants

March 26 (UPI) --Visa ... value to business owners, including flexibility in how they manage the acceptance of card programs," Rob Beard, chief legal officer and general counsel for Mastercard ... Read More