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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.

United statesNew yorkMary liz curtinJeff brabantMark lennihanMike roachNational federation of independent businessRetail industry leaders associationNational federationIndependent businessHome depotLiz curtinThree cats restaurantPaloma clothing

Visa, Mastercard Settle Long-Running Antitrust Suit Over Swipe Fees With Merchants

Visa, Mastercard Settle Long-Running Antitrust Suit Over Swipe Fees With Merchants
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United statesMike roachJeff brabantMary liz curtinAssociated pressRetail industry leaders associationNational federation of independent businessNational federationIndependent businessHome depotLiz curtinThree cats restaurantPaloma clothing

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.

United statesNew yorkMike roachMary liz curtinJeff brabantMark lennihanRetail industry leaders associationNational federation of independent businessNational federationIndependent businessHome depotLiz curtinThree cats restaurantPaloma clothing

Visa, Mastercard settle antitrust suit over swipe fees with merchants

The settlement means the fees the companies now charge small businesses will be capped or lowered for years.

United statesMary liz curtinJeff brabantMike roachNational federation of independent businessRetail industry leaders associationNational federationIndependent businessHome depotLiz curtinThree cats restaurantPaloma clothing

Visa, Mastercard settle long-running antitrust suit over swipe fees with merchants

The charge amount is being lessened, but only temporarily.

United statesJeff brabantMary liz curtinMike roachNational federation of independent businessRetail industry leaders associationNational federationIndependent businessHome depotLiz curtinThree cats restaurantPaloma clothing

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