Visa and Mastercard reach swipe fee settlement with merchants
Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough.
Last updated: 2025-11-12 01:06:20 ET
Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough.
Both companies were sued by merchants over how they set and enforce credit-card swipe fees and rules that limit how merchants can steer customers towa...
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