A proposed settlement in a long-running merchant lawsuit would give stores more freedom to block rewards cards, but it remains to be seen if they'd risk angering customers Visa and Mastercard have ...

Oct 13 (Reuters) - Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab have agreed to pay a combined $199.5 million to settle a nearly decade-old class action that accused them of forcing ...

The potential deal aims to resolve a 20-year-old legal dispute over interchange fees, the charges merchants pay to banks when customers use credit cards, and acceptance rules, reported The Wall Street ...

Visa (V) and Mastercard (MA), the two biggest U.S. card payment networks, reached a proposed settlement that resolves a lawsuit against the two companies and other defendants filed by merchants in ...

Visa (V) and Mastercard (MA) are close to a settlement that could resolve a two-decade legal battle with U.S. merchants by reducing credit-card fees and loosening restrictions on which cards stores ...

Credit card companies Visa and Mastercard have settled decades of litigation over how much they charge merchants who accept their cards. Businesses accused Visa and Mastercard, as well as banks, of ...

Visa and Mastercard have agreed to end their longstanding “honor all cards” rule and temporarily lower interchange fees as part of a settlement agreement announced Monday that could conclude 20 years ...

U.S. payment firms Visa and Mastercard are nearing a settlement with merchants by lowering fees stores pay and giving them more power to reject certain credit cards, the Wall Street Journal reported ...

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 ...

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 ...

Visa and MasterCard announced a settlement with U.S. merchants related to swipe fees, a development that could save consumers tens of billions of dollars. Swipe fees are paid to Visa, Mastercard and ...

A decadeslong lawsuit between Visa Inc., Mastercard Inc. and a large cohort of merchants could finally be nearing its conclusion — with potential implications for shoppers if stores choose to limit ...