Visa, Mastercard agree to settle antitrust suit over swipe fees
Visa and Mastercard will cap the credit interchange fees into 2030, and the companies must negotiate the fees with merchant buying groups.
Source: 11alive.com
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Visa and Mastercard will cap the credit interchange fees into 2030, and the companies must negotiate the fees with merchant buying groups.
Visa and Mastercard will cap the credit interchange fees into 2030, and the companies must negotiate the fees with merchant buying groups.
The settlement means the fees the companies now charge small businesses will be capped or lowered for years.
The charge amount is being lessened, but only temporarily.
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