Visa, Mastercard $30 billion fee settlement in peril

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Visa News

Mastercard,Interchange Fees,Card Networks

Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge...

NEW YORK - Visa 's and Mastercard 's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord.

Swipe fees totaled $172 billion in 2023, and have more than doubled in the last decade, according to the Merchants Payments Coalition, which represents retailers, grocers, convenience stores and gas stations. Mother of the Bride's Dress Steals Spotlight, Internet Claims She Tried to Upstage Daughter: 'No Regrets'

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Source: Loan Digest (loandigest.net)

Mastercard Interchange Fees Card Networks The Settlement

 

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This Top-Rated Humidifier Gave Reviewers ‘Immediate Results’ — And It’s Under $30A culture and product journalist for over ten years, Kevin is an expert in men’s style, gaming, coffee, hiking, gear, and all things outdoors. He most recently worked as a Reviews Editor for Runner's World, Bicycling, and Popular Mechanics, and previously served as Style Editor for Reviewed, a top product recommendation site owned by USA TODAY.
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