NEW YORK - A landmark antitrust class action settlement has been reached between U.S. merchants and Visa and Mastercard to resolve claims for a lawsuit entitled "In re Payment Card Interchange Fee and ...

Crypto adoption has moved far beyond speculation. Today, consumers want to spend digital assets, businesses want to accept new payment ...

A payment terminal is displayed next to a logo of Mastercard at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 2025. REUTERS/Maxim ...

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. The ...

Our Financial Services Group summarizes the closely observed preliminary settlement agreement over the fees credit card companies and banks charge merchants. Interchange fee rates would be reduced and ...

Merchant lawsuits challenging credit card interchange and payment card network rules that began nearly two decades ago may finally be heading for resolution under a landmark settlement announced ...

NEW YORK — MasterCard Worldwide said it will establish a cap on the fees gas stations must pay to clear consumer credit cards and will publish a complete list of its so-called interchange fees, which ...