Credit card processing fees cost American households an average of $1,100 annually and are expected to continue rising unless ...
A US judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards. US District Judge ...
NEW YORK — Visa and Mastercard announced a major settlement with U.S. merchants on Tuesday, potentially ending nearly two decades of litigation over the fees charged every time a credit or debit card ...
(Bloomberg) -- Visa Inc. and Mastercard Inc. are close to a new agreement that will attempt to settle a two-decade legal spat with merchants, according to a person with direct knowledge of the matter.
A federal judge recently rejected an antitrust settlement between Visa (NYSE: V), Mastercard (NYSE: MA), and merchants over interchange, or swipe, fees. The proposed settlement was largely considered ...
Visa and Mastercard exhibit astronomical returns on equity. They have a history of exponential growth via profit reinvestment and a history of aggressive share buybacks. Both companies faced class ...
Debit And Credit Cards, Visa Barclays Connect Natwest Switch American Express Mastercard. (Photo by Jeff Overs/BBC News & Current Affairs via Getty Images) Merchants reliant on credit card ...