The settlement at hand would extend to all U.S. merchants that accepted Visa or Mastercard debit or credit cards dating back to December 2020. Getty Images (ljubaphoto) By Andy Medici – Senior ...

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.

According to the settlement announced Tuesday, Visa and Mastercard will cap the credit interchange fees into 2030, and the companies must negotiate the fees with merchant buying groups.

A U.K. judicial body says the card networks have breached competition laws, while Belgian regulators are examining Wordline ...

Apple, Mastercard, and Visa have managed to get a lawsuit dismissed claiming that the three companies conspired to inflate credit and debit card transaction fees paid by merchants.

Apple , Visa and Mastercard have persuaded a U.S. judge to dismiss a lawsuit accusing them of conspiring to suppress ...

A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense. Tech firms and ...

The UK's Competition Appeal Tribunal has ruled that Visa and Mastercard's multilateral interchange fees charged to retailers breach European competition law.

A digital payment battle is brewing as tech firms and crypto startups challenge Visa and Mastercard's dominance. Stablecoins, ...