Visa, Mastercard Reach New Swipe Fee Settlement With Merchants; Opposition Voiced

Visa and Mastercard announced a revised settlement with merchants who accused the card networks of charging too much to accept their credit cards, aft

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 as inadequate. Monday’s settlement would end 20 years of litigation in which businesses accused Visa, Mastercard and banks of conspiring to violate U.S. […]