Visa and Mastercard have agreed to pay $38 billion to settle a lawsuit that has lasted more than 20 years, aiming to resolve claims that they and several major banks unfairly inflated credit card ...

Visa, Mastercard and its card-issuing banks agreed to a giant antitrust settlement to cap processing credit card fees among U.S. merchants, potentially ending close to two decades of litigation. The ...

Under the new agreement, Visa and Mastercard would reduce swipe fees by 0.1 percentage point for five years. Additionally, ...

Following a judge's rejection of a 2024 settlement with merchants, the card networks are offering a slightly higher ...

The deal would lower swipe fees and cap them for up to five years — although some business groups say it doesn't go far enough. Credit-card giants Visa Inc. and Mastercard Inc. have agreed to a ...

Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards. The deal, which is still subject to ...

NEW YORK (AP) — Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards. Today in ...

Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, agreed to settle a decadeslong antitrust case brought upon by merchants.Related ...

Mastercard settlement and how the Credit Card Competition Act could lower swipe fees for consumers and retailers.

Visa and Mastercard on Tuesday reached a landmark $30 billion settlement that will limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers. The antitrust ...