Visa, Mastercard Again Try to End Merchant Swipe Fees Suit If approved, the settlement calls for Visa and Mastercard to reduce their swipe fees by 0.1% for five years. But trade groups have already ...

On September 19, the U.S. District Court for the District of Massachusetts denied a motion to compel arbitration in a putative class action brought by small merchants challenging anti-steering rules ...

Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...

A credit-card settlement that could save businesses billions was dealt a big blow. Here's what happens next and what businesses need to know. A nearly $30 billion settlement involving U.S. retailers ...

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

Visa and Mastercard announced a revised settlement with merchants who accused the card networks of charging too much to accept their credit cards, after a judge rejected an earlier $30 billion accord ...

Swipe fees have jumped 70% since the COVID-19 pandemic and hit a record $187.2 billion in 2024. The high profits are driven, in part, by lucrative credit card and debit card swipe fees, which have ...

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 ...

While inflation has slowed, its grip hasn’t completely loosened on those most affected by its impact. Nearly 70% of Native Americans report significant financial struggles as a result of inflation, ...

Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment ...