Mastercard, Visa Reach Settlement With Merchants in Swipe Fee Lawsuit
Mastercard and Visa have reached a class action settlement with U.S. merchants, in a deal that aims to end 20 years of antitrust litigation around swipe fees and restrictions placed on merchants. The deal will lower credit interchange rates and cap them for five years, Mastercard, Visa and the plaintiffs’ lawyers said in separate press … Continue reading Mastercard, Visa Reach Settlement With Merchants in Swipe Fee Lawsuit
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