Consumer News Visa And Mastercard Agree To Settlement Of Lawsuit Over Atm Fees

Visa, Mastercard agree to $38bn settlement over merchant fee dispute

Joseph Stiglitz and Keith Leffler estimated that halting the “upward spiral” of swipe fees could save merchants $38bn by 2031. Read More

Visa, Mastercard reach $38B settlement with merchants over swipe costs

Credit card companies Visa and Mastercard have settled decades of litigation over how much they charge merchants who accept their cards. Businesses accused Visa and Mastercard, as well as banks, of ... Read More

Visa and Mastercard agree to record $38 billion payout after 20-year legal battle over swipe fees

Visa and Mastercard have agreed to pay $38 billion to settle a lawsuit that has lasted more than 20 years, aiming to resolve claims that they and several major banks unfairly inflated credit card ... Read More

Visa and Mastercard Reach Revised Settlement in Merchant Fee Lawsuit

Visa and Mastercard have agreed to a revised settlement with merchants who accused the payment giants of imposing excessive fees for processing credit card transactions. The proposed deal, revealed in ... Read More

Visa, Mastercard agree to $199.5 million settlement in merchants’ class action

Oct 13 (Reuters) - Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab have agreed to pay a combined $199.5 million to settle a nearly decade-old class action that accused them of forcing ... Read More